914 E Martin Luther King Jr Boulevard
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 3,329 sqft lot
- 1948 build
- – on site
We are pleased to present 914 E Martin Luther King Jr Blvd, a 5-unit multi-family building currently operating at a 10.31 GRM on current rents, with upside to operate at a 6.63 GRM on pro-forma rents. The property consists of 4 one-bedroom units (one of which is a brand new ADU!), and 1 two-bedroom unit. The main structure contains 4 of the units and the rear structure is a stand-alone new construction ADU, currently 100% occupied. 914 E Martin Luther King Jr Blvd is located 10 minutes from Downtown Los Angeles, providing tenants close proximity to numerous employment opportunities, and just 3 minutes away from the closest large-chain grocer (Superior Grocers). Priced at just $915,000, the building is priced appropriately to attract various local operators.
Listed By CRMLS_CA / Casey Lins / Kidder Mathews of California, Inc.
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Last updated May 24, 2024
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MLS# 24392759 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/16/24
May 16, 2024
|
Listed / Active | CRMLS_CA | $915,000 | |
5/8/13
May 8, 2013
|
Sold | DAMLS |