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$1,285,000

For Sale

5 hours ago

914 E Martin Luther King Jr Blvd, Los Angeles, CA

House

MLS® 26827119

9 Bed

5 Bath

2651 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2651 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $484
MLS® Number 26827119

Property Address: 914 E Martin Luther King Jr Blvd, LOS ANGELES, CA, 90011

Average square foot calculated using Size range provided by listing agent.

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!), and 1 one-bedroom unit and 1 two-bedroom units will be delivered renovated and vacant! 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.
MLS® Number26827119
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$1,285,000List Price
  • Commute

Commute

Starting Address
Destination Address
914 E Martin Luther King Jr Blvd, Los Angeles, CA

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