In Escrow

1336 W Martin Luther King Jr Blvd

Los Angeles, CA 90037

Large 4 unit property located in a high demand OPPORTUNITY ZONE.

Sales Price $1,050,000

Beds

4

Baths

0

Home Size

4120 Sq. Ft.

Lot Size

6402 Sq. Ft.

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Large 4 unit property located in a high demand OPPORTUNITY ZONE.

Spacious building with over 4,000 sqft of living space built in 1923. It features 4 large-1 bedroom units just about 1,030 sqft each with spacious living rooms, kitchen and laundry area inside each unit. Additionally, there is significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. All units are tenant occupied with a generous rental upside $49,668/annually (+/- 4.73% CAP Rate, +/-21.14 GRM). Located near USC, iconic venues like the LA Memorial Coliseum, BMO Stadium, Natural History Museum, California African American Museum, Rose Garden, California Science Center, Shrine Auditorium & Expo Hall, Galen Center, and major Olympic event locations, this property is perfectly remodeled and positioned to capitalize on increased demand for housing during and beyond the Games. Don't miss out on this chance to secure a property in one of LA's hottest neighborhoods before the world arrives!

This home located at 1336 W Martin Luther King Jr BLVD is currently pending and has been available on pardeeproperties.com for 37 days. This property is listed at $1,050,000. It has 4 beds and 0 bathrooms. The property was built in 1923. 1336 W Martin Luther King Jr BLVD is in the Los Angeles Southwest community of Los Angeles County.

Quick Facts

  • 37 days on market
  • Built in 1923
  • Total parking spaces 8Car
  • Assigned
  • Community | Los Angeles Southwest
  • MLS# | DW25145544MR
Connect with an agent
(17)

Hessel Evelaar

Partner | DRE #02147656

Listed By Danny Navarro · Century 21 Allstars

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