$750,000
172 Martin Luther King Junior Boulevard, Los Angeles 90037
7
Beds
4
Baths
3,300
Square feet
6,011
Lot Size
Listing Agent
Jeff Anderson - eXp Realty of California IncSeize this rare chance to own a lucrative 4-plex priced at $825,000, just 1.3 miles from USC. With approximately 3,300 square feet, this property boasts an excellent unit mix featuring (3) 2-bed/1-bath and (1) 1-bed/1-bath units. Convenience is key, with four parking spaces and a short distance to Downtown Los Angeles. Ideal for first-time investors, this property is a "starter pack" offering the perfect opportunity to use a 5% down Fannie Mae loan. Additionally, its proximity to BMO Stadium (LAFC Stadium) adds to its allure. Anticipate a substantial annual gross rent of $57,156, making this 4-plex an outstanding investment choice. Don't miss out on this gem in a prime location!
Facts & Features
| MLS® # | PW24006461 |
|---|---|
| Price | $750,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,300 |
| Lot Size | 6,011 |
| Year Built | 1924 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 172 Martin Luther King Junior Boulevard |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| View | Neighborhood |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Cooling | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Near Public Transit |
|---|
School Information
| District | Los Angeles Unified |
|---|
Additional Information
| Date Listed | December 20th, 2023 |
|---|---|
| Days on Market | 107 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jeff Anderson |
|---|---|
| Office | eXp Realty of California Inc |