210 West Martin Luther King Jr Boulevard

Los Angeles, CA 90037

$952,000
Last Sold Price
4
Beds
4
Baths
3,808 Sq. Ft.
$250 / Sq. Ft.
3,808
Sq. Ft.
$250
per Sq. Ft.

Description

Great income-producing investment! All units are all tenant-occupied right now. There are 2 units who are renegotiating the rent with the owner right now or they will be evicted.   Due to COVID-19, the eviction process will be delayed until the end of the year.  In normal circumstances, this property can generate over $4800 a month in income.  Located in the heart of Los Angeles, the property is a multi-family home with 4 units permitted but 5 units in total. This 3,808 square foot property sits...Great income-producing investment! All units are all tenant-occupied right now. There are 2 units who are renegotiating the rent with the owner right now or they will be evicted.   Due to COVID-19, the eviction process will be delayed until the end of the year.  In normal circumstances, this property can generate over $4800 a month in income.  Located in the heart of Los Angeles, the property is a multi-family home with 4 units permitted but 5 units in total. This 3,808 square foot property sits on a 8,999 square foot lot and features 4 bedrooms and 4 bathrooms. There is a large parking space at the back of the house and it can comfortably fit at least 8 cars.  Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways.  Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!
  1. Listed by Heidi Mao • DRE #01007529 • Brokerage DRE #01884917 • Keller Williams Signature

Property Details for 210 West Martin Luther King Jr Boulevard

View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
Other/Remarks
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3808

Location

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Sold By Keller Williams Signature, Heidi Mao, DRE #01007529

Add your commute
LISTING UPDATED: 02/24/2021 07:15 AM

Property Details for 210 West Martin Luther King Jr Boulevard

StatusClosed
MLS #TR20199274
Days on Market96
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1914
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Sold By Keller Williams Signature, Heidi Mao, DRE #01007529

Add your commute

Building Information for 210 West Martin Luther King Jr Boulevard

Building/Complex210 W Martin Luther King Jr BlvdFloor-Stories2Residences-Pet Policy-Year Built1914Building Size-

Payment Calculator

$6,357 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,195

Property Taxes

$1,162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 210 West Martin Luther King Jr Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,808
  • Gross Scheduled Income: $4,808
  • Net Operating Income: $1,608
  • Financing: Cash to New Loan
Expense Details
  • Operating Expense: $3,200
  • New Taxes Expense: $693
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $693
  • Other Expense: $1,795
  • Other Expense Description: Mortgage
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $3,200
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 6659
  • Tax Census Tract: 2318.00
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Room Type: Family Room
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Laundry Location: Other/Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Fireplace: Other/Remarks
  • Cooling: See Remarks
Exterior Features
  • Structure Type: Quadruplex
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Unknown
  • Sewer/Septic: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,808
  • Unit Type Total Rent: $2,808
  • Unit Type Pro Forma: 4808
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 210 West Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 210 West Martin Luther King Jr Boulevard

Taxable ValueLand$700,000Additions$400,000Total$1,100,000
Tax Record2023$13,950 ($1,162 / month)
Home Facts
Total Finished SqFt3,808 SqFtAbove Grade Finished SqFt3,808 SqFtLot Size8,999 SqFtStyleQuadraplexYear Built1914ZoningLAC2CountyLOS ANGELESAPN5111-025-004

Schools near 210 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Maple Primary Center
PublicK to 1

Trinity Street Elementary School
Public2 to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.