Listing by: Jeff Anderson, eXp Realty of California Inc, MLS@AndersonREG.com
7 Beds
4 Baths
3,300 SqFt
Active
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!
Property Details | ||
---|---|---|
Price | $750,000 | |
Bedrooms | 7 | |
Full Baths | 4 | |
Total Baths | 4 | |
Lot Size Area | 6011 | |
Lot Size Area Units | Square Feet | |
Acres | 0.138 | |
Property Type | Residential | |
Sub type | Quadruplex | |
MLS Sub type | Quadruplex | |
Stories | 2 | |
Year Built | 1924 | |
View | Neighborhood | |
Accessibility | Parking | |
Lot Description | Near Public Transit | |
Laundry Features | None | |
Pool features | None | |
Parking Spaces | 0 | |
Garage spaces | 0 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | MLK and Main St | |
County | Los Angeles | |
Latitude | 34.010775 | |
Longitude | -118.27574 | |
Market Area | C42 - Downtown L.A. | |
Address Information | ||
Address | 172 W Martin Luther King Junior Boulevard, Los Angeles, CA 90037 | |
Postal Code | 90037 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | eXp Realty of California Inc | |
Listing Agent | Jeff Anderson | |
Listing Agent Phone | MLS@AndersonREG.com | |
Buyer Agency Compensation | 2.000 | |
Attribution Contact | MLS@AndersonREG.com | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
School Information | ||
District | Los Angeles Unified | |
MLS Information | ||
Days on market | 73 | |
MLS Status | Active | |
Listing Date | Jan 17, 2024 | |
Listing Last Modified | Mar 30, 2024 | |
Tax ID | 5111024013 | |
MLS Area | C42 - Downtown L.A. | |
MLS # | PW24006461 |
This information is believed to be accurate, but without any warranty.