172 W Martin Luther King Junior Boulevard Los Angeles, CA ^$ 750,000

172 W Martin Luther King Junior Boulevard

^$ 750,000

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172 W Martin Luther King Junior Boulevard

Los Angeles, CA, 90037

^$ 750,000

Bedrooms7 Baths4.0 Sq 3,300

Monthly Estimate*

^$ 4,985

Listed by eXp Realty of California Inc

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Multi-Family Home for sale in Los Angeles, CA

for $750,000 with 7 bedrooms and 4 full baths. This 3,300 square foot home was built in 1924 on a lot size of 0.138.

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!

Multi-Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.138

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24006461

Days on Market

129

Features

General

Sewer PublicSewer

Cooling None

Zoning LAC2

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1924

View Neighborhood

Stories 2

Levels Two

Property SubType Quadruplex

Community Features Sidewalks

Accessibility Parking

County Los Angeles

New Construction N

Property Type Residential

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions MLK and Main St

City Los Angeles

Entry Location 1

View Y/N Y

Senior Community Y/N N

High School District Los Angeles Unified

Total Units 4

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6011.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Martin Luther King Junior Boulevard

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 127

Structure Type Quadruplex

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Tax Lot 8

Property Sub Type Additional Quadruplex

Exterior

Lot Features NearPublicTransit

Water Source Public

Total Parking 0.0

Lot Size Area 6011.0

Spa N

Lot Size Acres 0.138

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 4

Laundry Features None

Total Bedrooms 7

Entry Level 1

Electric On Property Y/N N

Main Level Bedrooms 1

Main Level Bathrooms 1

Total Baths 4

Living Area Units SquareFeet

Internal Only

Street Number 1 172

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(562) 263-7983

Phone

Affordability Calculator

$4,985

Per Month

Monthly Principal & Interest: $4,985
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,978,444

Percent of Sale Price 164%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4003522 Elementary School

4003523 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$750,000	-9.09%	Price Down
1/17/2024	$825,000		Listed Price

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172 W Martin Luther King Junior Boulevard, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $750,000 with 3,300 sqft and a lot size of 0.138. 172 W Martin Luther King Junior Boulevard has 7 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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172 W Martin Luther King Junior Boulevard

Multi-Family Home for sale in Los Angeles, CA

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