844 Martin Luther King Jr. Bouleva, Los Angeles, CA 90037
  • MLS#: CV25225331 ( Apartment )
  • Street Address: 844 Martin Luther King Jr. Bouleva
  • Viewed: 13
  • Price: $3,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 70
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: KELLER WILLIAMS REALTY
  • Contact: Andres Andres
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    844 846 W. Martin Luther King Junior Boulevard presents the opportunity to purchase two (2) contiguous 12 unit apartment buildings directly across the street from the LA Coliseum, home of the USC Trojans football games. The properties are conveniently located a short drive to the 110 Freeway and within walking distance to BMO Stadium which is the home of the LAFC soccer matches. The property boasts twenty three (23) studio units and one (1) one bedroom unit. Each unit is separately metered for electricity, and the exterior electrical panels were recently replaced on both buildings. The buildings are situated on a double lot of over 11,000 square feet of land zoned LAR3, which is suitable for future development.
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Features
Additional Parcels Description
  1. 5019001026
Building Area Total
  1. 14390.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 6000.00
Fuel Expense
  1. 12669.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 2880.00
Insurance Expense
  1. 24000.00
Laundry Features
  1. Common Area
Lot Features
  1. 21-25 Units/Acre
Netoperatingincome
  1. 245777.00
Newtaxesexpense
  1. 42000.00
Number Of Separate Electric Meters
  1. 24
Parcel Number
  1. 5019001025
Pool Features
  1. None
Professionalmanagementexpense
  1. 16983.00
Property Type
  1. Apartment
Sewer
  1. Private Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 447929299:CRM
Totalexpenses
  1. 136806.00
Trash Expense
  1. 9656.00
Vacancyallowance
  1. 4289
Views
  1. 13
Water Sewer Expense
  1. 28403.00
Water Source
  1. Private
Year Built
  1. 1925
Year Built Source
  1. Assessor