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

$750,000
  • 7 Beds
  • 4 Baths
  • 3,300 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified
Map preview of 172 W Martin Luther King Junior Boulevard, Los Angeles, CA 90037

Property Overview: 172 W Martin Luther King Junior Boulevard Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,300 living square feet and 6,011 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Jeff Anderson | BRE #01729514 | eXp Realty of California Inc
Co-listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Last checked: 9 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
6,011
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24006461
City
Los Angeles
County
Los Angeles
Time on Site
100 days

Open Houses for 172 W Martin Luther King Junior Boulevard

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Property Details for 172 W Martin Luther King Junior Boulevard

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Kitchen, Living Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5111024013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: MLK and Main St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 172 W Martin Luther King Junior Boulevard

View property's historical transactions

  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: PW24006461

    $825,000

    Price

Tax History for 172 W Martin Luther King Junior Boulevard

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

172 W Martin Luther King Junior Boulevard is listed 39.95% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $227.27 per/sqft which puts the price per square foot 70.56% lower than the median price per square foot for the city of Los Angeles.

About 172 W Martin Luther King Junior Boulevard

Detailed summary of property

172 W Martin Luther King Junior Boulevard is a fourplex located in Los Angeles, CA 90037 and is currently for sale. This fourplex offers 7 bedrooms, 4 bathrooms, roughly 3,300 living square feet, and sits on an approximately 6,011 square foot lot. 172 W Martin Luther King Junior Boulevard was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $750,000 and was originally asking $825,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 39.95% lower than the median priced home. Local competing homes currently for sale include 218 E 27th St, 919 W. 41st Drive and 876 E 41st Pl. While the average home in Los Angeles, CA is selling in 97 days, 172 W Martin Luther King Junior Boulevard has a days on market of 94 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 172 W Martin Luther King Junior Boulevard Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 172 W Martin Luther King Junior Boulevard

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
33
Median Sale to List Price %
101.93%
Avg Days on Market
35
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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Homes for Sale Near 172 W Martin Luther King Junior Boulevard

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Recently Sold Homes Near 172 W Martin Luther King Junior Boulevard

145 W 41St St, Los Angeles, CA 90037
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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