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

Lisa Bethel

+1(818) 319-5060
$ 998,000
Est. payment /mo
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Price Dropped by $51K

158 W Martin Luther King Jr Los Angeles, CA 90037

6,002 Sqft Lot

UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26134027

HOA Y/N No

Year Built 1914

Lot Size 6,002 Sqft

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!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Near Public Transit

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5111024011

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Anna Yang New Star Realty & Inv. 909-282-7307, DRE #01406211

NEARBY SCHOOLS & PROPERTIES

Lisa Bethel

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® License ID: 02046953

+1(818) 319-5060

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158 W Martin Luther King Jr