Los Angeles, CA

1861 W Martin Luther King Jr Blvd

1861 W MLK is located in the heart of the highly sought after and thinly traded Leimert Park market. Offered at only $192,250 per door, and 2 units will be delivered vacant for the next owner to remodel to their standards & hand-pick their own tenants. 12.29 GRM on current rents with approximately 40% rental upside. This 1950's building has plenty of on-site & gated reserved parking for tenants, along with an on-site laundry room for tenants to use.

  • Year Built 1954

  • Property size 10,007 sqft

  • Sold For $1,990,000

  • Units 12

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