914 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011
Local realty services provided by:ERA Excel Realty
914 E Martin Luther King Jr Boulevard,Los Angeles, CA 90011
$1,400,000
- 9 Beds
- 5 Baths
- 2,651 sq. ft.
- Multi-family
- Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.858-369-3010
MLS#:26827119
Source:CRMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$528.1
About this home
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 11.87 GRM and 6.00% CAP Rate on actual rents upon lease-up of the 2 VACANT and RENOVATED units, with upside to operate at an 9.26 GRM and an 8.05% 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....
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Home facts
- Year built:1948
- Listing ID #:26827119
- Added:70 day(s) ago
- Updated:July 08, 2026 at 07:34 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
- Living area:2,651 sq. ft.
Structure and exterior
- Year built:1948
- Building area:2,651 sq. ft.
- Lot area:0.08 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$528.1
Parking
- Total parking spaces:3
- Parking description:Driveway
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