172 W Martin Luther King Junior Boulevard, Los Angeles, California 90037
  • $750,000
  • $825,000

Overview

Property ID: PW24006461
  • Quadruplex, Residential
  • Property Type
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • 1924
  • Year Built

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!

  • Address: 172 W Martin Luther King Junior Boulevard
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90037
  • Country: US

Details

Updated on December 5, 2024 at 5:29 am
  • Property ID PW24006461
  • Price $750,000
  • Land Area 0.138 Acres
  • Bedrooms 7
  • Bathrooms 4
  • Year Built 1924
  • Property Type Quadruplex, Residential
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Public Sewer
  • Cooling None
  • County Los Angeles
  • Property Type Residential
  • Pool None
  • Community Features Sidewalks

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