Opportunity knocks – excellent investment property! 1901 W MLK is a 9-unit multi-family complex located in the heart of Los Angeles in the desirable Leimert Park neighborhood. All units are 1 bed, 1 bath for a total SF of 5,602 on a large corner lot of 9,012 SF – which is $177,777 per door. Earthquake retrofit and new roof completed 18 months ago cost was 100K. Includes on-site parking for tenants. Conveniently located close to shops and restaurants, the USC campus, DTLA, and with great freeway access.
Sold for $1,200,000
Listed by: Compass • Steve Smith • Contact: 310-373-1584
Bought with: Skylight Real Estate Advisors, Inc.
$1,200,000
1901 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
45beds
--baths
5,602sqft
Multi Family
Built in 1953
-- sqft lot
$1,160,700 Zestimate®
$214/sqft
$3,296 Estimated rent
Home value
$1,160,700
$1.04M - $1.29M
$3,296/mo
Zestimate® history
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$3,296/mo
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$3,296/mo
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$7,619/mo
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$7,619/mo
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Steve Smith DRE #01100068 310-418-1741,
Compass
Bought with:
Austin Muller, DRE #01931334
Skylight Real Estate Advisors, Inc.
Source: CRMLS,MLS#: PV23188129
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 45
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,602
- Total interior livable area: 5,602 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
Lot
- Size: 9,012 Square Feet
- Features: 6-10 Units/Acre, Front Yard
Details
- Parcel number: 5035006020
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $214/sqft
- Date on market: 10/9/2023
- Cumulative days on market: 397 days
- Listing terms: Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2025 | Sold | $1,200,000-14.3%$214/sqft |
Source:  CRMLS #PV23188129 Report a problem | ||
| 12/12/2024 | Pending sale | $1,400,000$250/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 12/3/2024 | Listed for sale | $1,400,000$250/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 11/4/2024 | Pending sale | $1,400,000$250/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 9/22/2024 | Price change | $1,400,000-1.8%$250/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 8/7/2024 | Listed for sale | $1,425,000$254/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 7/17/2024 | Contingent | $1,425,000$254/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 5/10/2024 | Price change | $1,425,000-5%$254/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 3/4/2024 | Price change | $1,500,000-6.3%$268/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 11/11/2023 | Price change | $1,600,000-5.9%$286/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
| 10/9/2023 | Listed for sale | $1,700,000$303/sqft |
Source: CRMLS #PV23188129 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10Martin Luther King Jr. Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 0.7 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,160,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,160,700
- California
- Los Angeles County
- Los Angeles
- 90062
- South Los Angeles
- 1901 W Martin Luther King Jr Blvd
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