714-745-2708

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

$2,095,000 Approx. USD 14 beds, 8 baths
5,564 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Derrick Smith | DS@SmithRealtyCollective.com
Lic#: 02019367
Broker: Courtesy of Coldwell Banker Realty
Phone: 310-801-1087

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26985151

Price: $2,095,000

Beds: 14

Baths: 8

Built in 1949

5,564 sqft

2 stories

0.18 acres

Lot size: 0.1808

County: Los Angeles

Zoning: LAR3

Parking description: Electric Gate

Heating/cooling: None

Heating description: Central

MLS area: C34 - Los Angeles Southwest

Last Updated: 9/16/2026

Days On Market (DOM): 20

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.011247, -118.298531.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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