Property Details
About this Property
Seize this rare chance to own a lucrative 4-plex priced at $750,000, 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 close proximity 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 $59,436, making this 4-plex an outstanding investment choice. LAC2 flexible zoning could allow for unique development opportunity in the future, while taking advantage of the TOC program. Don't miss out on this gem in a prime location!
MLS Listing Information
MLS #
CRPW24006462
MLS Source
California Regional MLS
Interior Features
Laundry
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Jeff Anderson
eXp Realty of California Inc
License #: 01729514
Phone: (562) 263-7983
Co-Listing Agent
Juan Huizar
Sage Real Estate
License #: 01417642
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
172 W Martin Luther King Junior Boulevard is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 6,011 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $670,000 and was built in 1924. This address can also be written as 172 W Martin Luther King Junior Boulevard, Los Angeles, CA 90037.
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This listing information is up-to-date as of September 09, 2024. For the most current information, please contact Jeff Anderson, (562) 263-7983
