Listed by New Star Realty & Inv.
$1,049,000
158 W Martin Luther King Jr
Details
APN 5111024011
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 7.59%
Buildings 2
Acreage 0.138
Zoning Assessor
Multifamily | 7.59% CAP | 5 Units
Marketing description
Prime 5-Unit Income Opportunity in High-Demand LA Rental Market! Excellent investment asset featuring two separate buildings on one lot. The front structure consists of four 2BR/1BA units, while the rear features a detached 3BR/1BA home. Ideal for a savvy investor or an owner-occupant looking to house-hack. All units are fully occupied, offering steady cash flow with great long-term rental upside. Individual gas and electric meters keep landlord expenses to a minimum. Centrally located in the heart of LA near BMO Stadium, the Coliseum, and Downtown, with effortless access to freeways, transit, and shopping. A low-maintenance, high-yielding portfolio addition!
Listing Contacts
Listed by New Star Realty & Inv.
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Zoning
C2-1VL-CPIO OverlayCommercial Very Limited Height Community Plan Implementation Overlay
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View all 864 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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