Address
844 W Martin Luther King Jr W Los Angeles, CA
Price
$ 1,800,000
Property Attributes
- MLS#14730987
- TypePending
- CountyLOS ANGELES
- CityLos Angeles
- AreaLos Angeles Southwest
- Zip90037
- Style
- Price$ 1,800,000
- Bedrooms24
- Full Bathrooms24
- Half Bathrooms0
- Lot Size11,094 SqFt
Listing Provided Courtesy Of:
Ramin Gheitanchi with Charles Dunn West La - 310-467-0481
Data Source:
California Regional MLS (CRMLS) - 25 - CA
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
| Price History | |
|---|---|
| 12/18/2016 | Listed $1,800,000 |
General Features
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Levels | Two |
| Listing Agent | Ramin Gheitanchi - BRE#01501715 |
| Listing Agent State License | 01501715 |
| MLS Area | C34 - Los Angeles Southwest |
| Property Type | Residential Income |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Status | Pending |
| Terms | Cash to New Loan |
| Total Units | 24 |
| Zoning | LAR3 |
Interior Features
| Heating Y/N | Yes |
|---|
Exterior Features
| Lot Dimensions | 90x123 |
|---|---|
| Lot Size Acres | 0.26 |
| Lot Size Source | See Remarks |
| Lot Size Square Feet | 11094 |
| Number of Buildings | 2 |
| Parking Features | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 90037
Price
Visits
Year Built
Walkscore
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Based on information from California Regional Multiple Listing Service, Inc. as of October 18, 2021 10:11 AM UTC 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. 