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172 W Martin Luther King Junior Boulevard,  Los Angeles CA, 90037

(Active)
$750,000
|
7 beds, 4 Full baths, 3,300 sqft
|
MLS# PW24006461
Last Updated: 5/12/2024 5:40 PM
Description for 172 W Martin Luther King Junior Boulevard Los Angeles, CA 90037
Seize 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!
Price
$750,000
Los Angeles
7
4 Full
3,300 (approx)
PW24006461
Active
Description
Seize 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!
Listing Information
Property Type: Single Family, Fourplex, Multi-Family, 2 Story
7 4 Full
0.14 Acres Assessor 3,300 (approx)
1924 2
Public
Public Sewer
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Bathrooms: Main Level: 1
4
Main Level: 1, Total: 7
None
Interior Features
None
No Common Walls
1
None
Parking
Exterior / Lot Features
0 Covered Parking Spaces,
None
Other
LAC2
Near Public Transit
Driving Directions
MLK and Main St
Financial Considerations
5111024013
Cash,Cash to New Loan,Conventional
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90037 has a population of 3,956,168.

The median household income in Los Angeles, California 90037 is $38,611. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90037 is 38 years.

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Listing Agent: Jeff Anderson CalDRE: 01729514 - eXp Realty of California Inc, MLS@AndersonREG.com
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/12/2024 5:40 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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