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: 5/8/2024 1:35 AM
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.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/22/2024 | Active | $750,000 USD -9.09% |
|
| 1/17/2024 | Active | $825,000 USD |
|