1311 W Martin Luther King Jr Blvd Los Angeles, CA 90037
Listing Courtesy of: Combined L.A. Westside (CLAW) / Listed By: Derrick Smith, Coldwell Banker Realty

  1311 W Martin Luther King Jr Blvd Los Angeles, CA 90037

Active
$2,095,000 (USD)
14
BED
5,564
SQFT

Description

Smith Realty Collective is pleased to present this incredible cash-flowing 7-unit building just blocks away from the prestigious USC, LA Coliseum, and BMO Stadium. Currently generating an attractive 8.5% CAP rate, this property offers investors immediate cash-flow potential in one of Los Angeles' most dynamic and rapidly evolving areas. Adding to the investment appeal, the property is located within an Opportunity Zone, potentially providing qualifying investors with valuable federal tax benefits, including capital-gains deferral and other potential tax advantages. But the upside doesn't stop there. The sale includes approved Ready-to-Issue (RTI) plans for four additional ADUs at the rear of the property, creating a compelling opportunity to significantly increase the property's unit count, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.

MLS #:
26985151
Lot Size
7,876 SQFT
Type
Multifamily
Year Built
1949
County
Los Angeles County

Listed By

Derrick Smith, DRE #02019367 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Sep 9 2026 at 4:32 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Central
  • None
Parking
  • Auto Driveway Gate
Stories
  • 2
Living Area
  • 5,564 sqft
Location
   
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Disclaimer: Copyright 2026 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/9/26 09:32