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Sold for $670,000
  • $670,000

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

    --beds
    --baths
    3,300sqft
    Quadruplex
    Built in 1924
    -- sqft lot
    $926,400 Zestimate®
    $203/sqft
    $4,798 Estimated rent

    Home value

    $926,400

    $797,000 - $1.07M

    $4,798/mo

    Zestimate® history
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    $4,798/mo

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    $4,288/mo

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    $4,288/mo

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    What's special

    Seize this rare chance to own a lucrative 4-plex priced at $750, 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 close proximity 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 $59, 436, making this 4-plex an outstanding investment choice. LAC2 flexible zoning could allow for unique development opportunity in the future, while taking advantage of the TOC program. Don't miss out on this gem in a prime location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Anderson,

    eXp Realty of California Inc,

    Juan Huizar,

    Sage Real Estate

    Bought with:

    Stephen Shiu

    STEPHEN SHIU, BROKER

    Source: eXp Realty,MLS#: CRPW24006462

    Facts & features

    Interior

    Appliances
    • Laundry: No Hookups
    Interior area
    • Total interior livable area: 3,300 sqft

    Property

    Lot
    • Size: 6,098 Square Feet
    • Features: Other
    Details
    • Parcel number: 5111024013
    • Zoning: LAC2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $203/sqft
    • Date on market: 12/23/2025

    Price history

    DateEventPrice
    9/9/2024Sold$670,000$203/sqft
    Source: eXp Realty #126729796 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $926,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $926,400