$1,285,000

914 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011

  • 9 beds |
  • 5 baths |
  • 2,651 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon3,328sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $485/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

We are proud to present 914 E Martin Luther King Jr Blvd, a recently repositioned 4-unit + ADU (5-Units Total) multifamily community operating at a 9.87 GRM and 7.29% CAP Rate on actual rents upon lease-up of the 2 VACANT and RENOVATED units, with upside to operate at an 8.50 GRM and an 8.88% CAP Rate at market rents. This opportunity consists of two separate structures with a front 2-story 4-unit building built in 1948 as well as a rear newly constructed, standalone single-story home (ADU) totaling 2,651 rentable square feet situated on a 3,329 square foot LARD1.5 zoned midblock lot with a currently configuration offering uncovered onsite parking. The unit mix consists of 4 two-bedroom units (one of which is a brand new ADU!), with 2 UNITS DELIVERED VACANT (both 2-bedrooms)! 914 E Martin Luther King Jr Blvd is situated 10 minutes from Downtown Los Angeles, Ross Snyder Recreation Center, Gilbert Lindsay Recreation Center and just 3 minutes away from the closest large-chain grocer (Superior Grocers), providing tenants close proximity to numerous employment opportunities and tenant amenities. Contact the listing broker for additional information.

Listing Status:
Active
Date Added:
April 29, 2026
Data Last Updated:
May 20, 2026 at 7:16AM
Listing Office:
Kidder Mathews of California, Inc. : 858-369-3010
Listing Agent:
Casey Lins : 714-333-6768
MLS ID:
26827119
  • Parking: DrivewayParking spaces: 3
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.55114012012
  • Source: CRMLS_CL

This listing courtesy of Casey Lins , Kidder Mathews of California, Inc.

Monthly Payment

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

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Location

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