158 W Martin Luther King Jr Los Angeles, CA $ 1,049,000
158 W Martin Luther King Jr
$ 1,049,000
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158 W Martin Luther King Jr

Los Angeles, CA, 90037
$ 1,049,000
Baths1.0 Sq 3,723

Monthly Estimate*

$ 6,459

Listed by New Star Realty & Inv.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,049,000 with 1 full bath. This 3,723 square foot home was built in 1914 on a lot size of 0.1378.

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!

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Multi-Family Active

Price

$ 1,049,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1378

Year Built

1914

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

TR26134027

Days on Market

4

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Garage Spaces 0
Pool Features None
Year Built 1914
Tenant Pays Electricity Gas
Property Subtype Apartment
Gross Income 100380
Community Features Urban
County Los Angeles
Net Operating Income 79663
Operating Expense 20717
Insurance Expense 2461
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Broadway & Main
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6001
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 4800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Apartment
Taxes 13456
Cap Rate 7.59
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features Near Public Transit
Water Source Public
Total Parking 0
Lot Size Area 6001
Number of Buildings 2
Building Area Total 3723
Lot Size Acres 0.1378
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
New Star Realty & Inv.

Broker

annayanginv@gmail.com

Email

Affordability Calculator

$6,459
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Monthly Principal & Interest
$6,459
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$1,049,000 Listed Price

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158 W Martin Luther King Jr, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,049,000 with 3,723 sqft and a lot size of 0.1378. 158 W Martin Luther King Jr is a studio with 1.0 baths and was built in 1914. The property's zip code is 90037 which is in Los Angeles, CA