$1,500,000
For Sale

1849 W Martin Luther King Jr Boulevard

Los Angeles, CA 90062
0.16 acres | #IN24245110
Listing OfficeMaking A Difference
Browse 17 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Charming Fourplex Adjacent to Historic Leimert Park
This two-story, four-unit apartment building offers excellent investment potential or a perfect opportunity for an owner-user. The property includes:
Top Floor: Two spacious 2-bedroom, 1-bath units (one fully rehabbed).
Ground Floor: Two cozy 1-bedroom, 1-bath units (one rehabbed).
The building exudes character, with lush green landscaping featuring fruit trees in both the front and back yards. At the rear, there are four single-car garages, which can generate additional rental income or be converted into an Accessory Dwelling Unit (ADU). Each unit includes a service porch with washer/dryer hookups and separate gas and electric meters.
Key Highlights:
One unit is vacant and ready for immediate use.
Renderings for a potential 836 sq. ft. ADU have been completed.
Conveniently located just minutes from Baldwin Hills, Baldwin Hills Crenshaw Plaza, SoFi Stadium, The Forum, LAX, and major freeways (10 & 110).
Important Details:
The property is tenant-occupied and being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, or other information provided by the seller or public records. Buyers should independently verify all information through inspections and appropriate professionals.
This rare opportunity in an unbeatable location won’t last!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,500,000
      • MLS #IN24245110
      • Property SubtypeQuadruplex
      • MLS #IN24245110
      • Cost1500000
      • Acres0.1593
      • Utility SourcePublic
      • Year Built1922
      • Stories2
      • Parking Spaces4

Location

Lily ValdiviaEinstein Realty
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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