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Home for Sale at 844 W Martin Luther King Jr W, Los Angeles, CA 90037

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844 W Martin Luther King Jr W, Los Angeles, CA 90037
Listing# 14730987
 
 
 
 
Price: $1,800,000
Type: Residential Income
County: Los Angeles
 
 
 
 
    Photo of home for sale at 844 MARTIN LUTHER KING JR W, Los Angeles CA
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Property Description:
 
 
 
 
PRICED FOR A FAST SALE. The subject property is a 2-story, 24-unit apartment building of wood/frame stucco consisting of two 12-unit sister buildings built in 1924 & 1925. The buildings are situated on a double lot of over 11, 000 S. F. of land zoned LAR-3 suitable for future potential development. Located just across from the Los Angeles Memorial Coliseum and just south of University of Southern California in a gentrifying part of South Los Angeles. The units consist of 21 singles and 3 one bedroom units. Almost all units have been renovated with pergo flooring and both buildings were just freshly painted. Both buildings are separately metered for electricity and master metered for gas & water. Each building has its own laundry room that are currently not in use and can provide additional income for the new owner. PRICED AT ONLY 8.3 X GROSS & $75, 000/UNIT. Please drive by only, do not disturb tenants as they are not aware of sale. Complete marketing package is available

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Residential Income
Listing Status:Pending
Area Name:C34 - Los Angeles Southwest
Year Built:1924
Lot Square Feet:11094
Acres:0.25
Heating:Wall Heater
Lot Dimension:90x123
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$1,800,000
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Based on information from California Regional Multiple Listing Service, Inc. as of 11/20/2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

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