Skip To Content

854 W Martin Luther King Jr Boulevard

Los Angeles (City), CA 90037
  • $988,888
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: TR22168032
$988,888
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Marina Ramirez-Lopez of Century 21 Prime Time Realtors (909-399-1172)


Description

CALL NOW!!! MOTIVATED SELLER!!! Looking for an investment opportunity? Here it is! This is an PRIME investment opportunity located minutes away from Downtown Los Angeles. Across the street from the new beautiful stadium Banc of California and the famous Coliseum. Property is being sold in current "As-Is" conditions, dont let this opportunity pass you by!!! Please drive-by only. Do NOT disturb the tenants. Buyer/Buyers Agent to do their due diligence in investigating the property. There is on-site parking in the rear in addition to ample street parking. This location also has a great walking score of 85.This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of USC & the Coliseum. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. It is easily accessible, being just west of the 110 Freeway on ramp and less than 3 miles from the Expo Park /USC metro station, which connects downtown Los Angeles to Santa Monica. The demographics in the immediate area offer over 50,000 people residing within a 1-mile radius and just under 500,000 people residing within a 3-mile radius.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131440130
Print Image

854 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90037

  • Price: $988,888
  • Status: Active
  • On Site: 12 Days
  • ID#: TR22168032
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1923
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
CALL NOW!!! MOTIVATED SELLER!!! Looking for an investment opportunity? Here it is! This is an PRIME investment opportunity located minutes away from Downtown Los Angeles. Across the street from the new beautiful stadium Banc of California and the famous Coliseum. Property is being sold in current "As-Is" conditions, dont let this opportunity pass you by!!! Please drive-by only. Do NOT disturb the tenants. Buyer/Buyers Agent to do their due diligence in investigating the property. There is on-site parking in the rear in addition to ample street parking. This location also has a great walking score of 85.This offering will attract an investor looking for an income producing multi-family property in a densely populated area, just south of USC & the Coliseum. It is also just south of Exposition Park; which consists of the California Science Center, Natural History Museum, California African American Museum, and the future George Lucas Museum. It is easily accessible, being just west of the 110 Freeway on ramp and less than 3 miles from the Expo Park /USC metro station, which connects downtown Los Angeles to Santa Monica. The demographics in the immediate area offer over 50,000 people residing within a 1-mile radius and just under 500,000 people residing within a 3-mile radius.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling See RemarksWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Contingency New Windows (37Of Them) Are New. One Tenant Has Been There 25 Years. The Other 3 Have Been There About 5 Or Less Years. Owner Passed Away And Family is Selling The Property. During Games At The Stadium And Coliseum Previous Owner Rented Parking Spaces Between $75 - $200 Depending On The Games. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 3490 Gross Scheduled Income 3490 Insurance Expense 0 Land Lease YN No Laundry Features In KitchenSee RemarksStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 2890 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 600 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3490 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T00:29:53.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369486410-1.jpg
Logo
Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Marina Ramirez-Lopez of Century 21 Prime Time Realtors (909-399-1172)