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

$750,000

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Presented By: Jeff Anderson with eXp Realty of California Inc; MLS@AndersonREG.com
  • MLS# PW24006461
  • 01/17/2024
  • Request Tour
  • Request Info
  • BedBeds • 7
  • BathBaths • 4
  • FootageSQFT • 3,300

Home Details

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!
Presented By: Jeff Anderson with eXp Realty of California Inc; MLS@AndersonREG.com

Interior Features for 172 W Martin Luther King Junior Boulevard

Bedrooms

Main Level Bedrooms1
Total Bedrooms7

Bathrooms

Full Baths4
Main Level Bathrooms1
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Living Area UnitsSquareFeet
Total Stories2

Other Rooms

Entry Level1

General for 172 W Martin Luther King Junior Boulevard

AccessibilityParking
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Days on Market73
DirectionsMLK and Main St
Entry Location1
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet6011.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMartin Luther King Junior Boulevard
Structure TypeQuadruplex
Tax Lot8
Total Units4
ViewNeighborhood
View Y/NYes
Waterfront Y/NNo
Year Built1924
Year Built SourceAssessor
ZoningLAC2

Exterior for 172 W Martin Luther King Junior Boulevard

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.138
Lot Size Area6011.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $750,000
MLS#PW24006461
List Date 01/17/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors