172 W Martin Luther King Junior Boulevard, Los Angeles, CA 90037
Fourplex · 2 recorded sales since 2024
Sold September 2024
Listing Agent: Jeff Anderson (DRE #01729514) · Listing Office: eXp Realty of California Inc · Contact: MLS@AndersonREG.com · Bought with: Stephen Shiu · STEPHEN SHIU, BROKER · MLS #PW24006461 · Source: CRMLS
About this fourplex
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!
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history
