$1,500,000

2401 W Martin Luther King Jr, Los Angeles, CA 90008

  • 5,520 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon6,804sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $272/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Excellent Investment Opportunity! Located at 2401 Martin Luther King Jr. Blvd., this multi-tenant commercial retail property features 8 retail units, offering immediate rental income and additional income potential. The property currently generates approximately $12,350 in monthly rental income ($148,200 annually). The vacant unit has a projected rental income of $2,000 per month, bringing the total potential gross rental income to $14,350 per month ($172,200 annually). At the asking price of $1,500,000, the property offers an attractive investment opportunity with a **current GRM of 10.12 and a potential GRM of 8.71 upon leasing the vacant unit**. With established tenants, street frontage, and convenient access, this property presents an excellent opportunity for investors seeking an income-producing commercial asset with additional upside. Buyer to independently verify all rental income, lease terms, operating expenses, square footage, zoning, and permitted uses.

Listing Status:
Active
Date Added:
October 8, 2026
Data Last Updated:
October 10, 2026 at 1:16PM
Listing Office:
Century 21 Realty Masters : 323-722-7700
Listing Agent:
Tomas Briseno : 323-775-7594
Contact:
323-775-7594
MLS ID:
DW26219609
  • Laundry: See Remarks
  • General: 1
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: LAC25034018001
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Tomas Briseno , Century 21 Realty Masters

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

676 W Slauson Avenue, Los Angeles, CA 90044
Commercial Property

$1,450,000

  • 4,860 sqft |
676 W Slauson Avenue Los Angeles, CA 90044

#26991977 - GPM

8461 S San Pedro Street, Los Angeles, CA 90003
Commercial Property

$1,725,000

  • 5,202 sqft |
  • 0.36 acre lot
8461 S San Pedro Street Los Angeles, CA 90003

#26990023 - Keller Williams Realty

3635 S San Pedro Street, Los Angeles, CA 90011
Commercial Property

$1,590,000

  • 5,000 sqft |
3635 S San Pedro Street Los Angeles, CA 90011

#PW26202585 - Real Brokerage Technologies

1512 W Slauson Avenue, Los Angeles, CA 90047
Commercial Property

$1,750,000

  • 5,396 sqft |
1512 W Slauson Avenue Los Angeles, CA 90047

#26971831 - Keller Williams Los Angeles

3408 Trinity, Los Angeles, CA 90011
Commercial Property

$1,650,000

  • 4,710 sqft |
3408 Trinity Los Angeles, CA 90011

#GD26172730 - Keller Williams R. E. Services

4525 W Pico Boulevard, Los Angeles, CA 90019
Commercial Property

$1,495,000

  • 4,511 sqft |
4525 W Pico Boulevard Los Angeles, CA 90019

#26847147 - ENAR, Inc.