1861 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062

Los Angeles
Local realty services provided by:ERA Excel Realty
1861 W Martin Luther King Jr Boulevard,Los Angeles, CA 90062
$1,895,000
  • - Beds
  • - Baths
  • 7,404 sq. ft.
  • Multi-family
  • Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26217704
Source:CRMLS

Price summary

  • Price:$1,895,000
  • Price per sq. ft.:$255.94

About this home

1861 W Martin Luther King Jr Blvd presents an attractive opportunity to acquire a 12-unit multifamily property in Los Angeles, offered at $1,895,000. The property features a desirable unit mix of (11) 1 Bed/1 Bath units and (1) 2 Bed/1 Bath unit, complemented by 8 on-site parking spaces and a generously sized lot exceeding 10,000 square feet. The property offers strong in-place returns with a 7.56% cap rate and 8.12 GRM, providing investors with an attractive day-one yield and additional upside through future rent optimization. Four units are currently occupied by subsidized tenants, providing a portion of the property’s income from government-supported rental programs. Ideally situated in Los Angeles’ 90062 submarket, 1861 W Martin Luther King Jr Blvd offers convenient access to major employment centers, retail, transportation, and surrounding neighborhoods. The combination of strong in-place performance, a favorable unit mix, ample parking, and additional rental upside makes this an...

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Home facts

  • Year built:1954
  • Listing ID #:SB26217704
  • Added:21 day(s) ago
  • Updated:October 28, 2026 at 12:02 PM

Rooms and interior

  • Living area:7,404 sq. ft.

Structure and exterior

  • Year built:1954
  • Building area:7,404 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,895,000
  • Price per sq. ft.:$255.94

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:8
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