$915,000
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914 Martin Luther King Jr Boulevard Los Angeles, CA 90011
Cluster
Residence
6
Beds
5
Baths
...
Bed/Bath
2,651
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
24392759
Property Type
Cluster
Bedrooms
6
Bathrooms
Year Built
1948
Square Feet
2,651
sq. ft
Lot Size
0.08
Stories
2.0
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Source: Walk Score®
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