Listed By eXp Realty of California Inc, Jeff Anderson
MLS@AndersonREG.com
172 W MARTIN LUTHER KING JR BLVD Los Angeles, CA 90037
$750,000
7
Bedrooms
4
Total Baths
4
Full Baths
3,300
Square Feet
0.14
Acres
1924
Year Built
Active
Status
MLS#
PW24006461
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!
Details for 172 W MARTIN LUTHER KING JR BLVD
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office eXp Realty of California Inc, 800-784-2616
MLS# PW24006461
Updated 12:01PM - 4/29/2024
Listing Agent Jeff Anderson
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