914 E MARTIN LUTHER KING JR BLVD
LOS ANGELES, CA 90011
$915,000
6 Beds
5 Baths
2,651 Sq Ft
Status Active
MLS# 24-392759
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.
Details for 914 E MARTIN LUTHER KING JR BLVD
$345 / Sq Ft
4 parking spaces
Other
16 Days on website
0.0764 acres lot
Area Information for 914 E MARTIN LUTHER KING JR BLVD
