158 W Martin Luther King Jr, Los Angeles, CA 90037

$1,049,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Agent Anna Yang () 909-282-7307 New Star Realty & Inv.; CoList ()

List Price
$1,049,000
Status
ACTIVE
MLS#
TR26134027
Year Built
1914
Lot Size
6,001
Lot Location
Near Public Transit
Days on Market
45
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.