158 W Martin Luther King Jr, Los Angeles, CA 90037
- $1,049,000
- List Price
- $1,049,000
- Status
- ACTIVE
- MLS#
- TR26134027
- Year Built
- 1914
- Lot Size
- 6,001
- Acres
- 0.14
- Lot Location
- Near Public Transit
- Days on Market
- 42
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Prime 5-Unit Income Opportunity in High-Demand LA Rental Market! Excellent investment asset featuring two separate buildings on one lot. The front structure consists of four 2BR/1BA units, while the rear features a detached 3BR/1BA home. Ideal for a savvy investor or an owner-occupant looking to house-hack. All units are fully occupied, offering steady cash flow with great long-term rental upside. Individual gas and electric meters keep landlord expenses to a minimum. Centrally located in the heart of LA near BMO Stadium, the Coliseum, and Downtown, with effortless access to freeways, transit, and shopping. A low-maintenance, high-yielding portfolio addition!
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $100,380
- Operating Expense
- 20717
Listing courtesy of Listing Agent: Anna Yang (annayanginv@gmail.com) from Listing Office: New Star Realty & Inv..
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