FOR SALE
$750,000

172 W Martin Luther King Junior Boulevard
Los Angeles, CA 90037

Fourplex, Multi-Family
Residential
7
Beds
3,300
Sq. Ft.
0.14
Acre Lot
Courtesy: Jeff Anderson - eXp Realty of California Inc; Email: [email protected]
Agent Websites> California> Los Angeles> 90037
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!
CRPW24006462
Fourplex, Multi-Family, Other
7
Los Angeles
1924
0.14 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Jeff Anderson - eXp Realty of California Inc; Email: [email protected]

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