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

  • $2,095,000
Array
Residential Income Active
1311 W Martin Luther King Jr Boulevard, Los Angeles, CA 90037
Array
  • $2,095,000

Overview

Property ID: HZArray
  • 14
  • Bedrooms
  • 0
  • Bathroom
  • 5564
  • Sq Ft
  • 1949
  • Year Built

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.

  • Address Array
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code Array

Details

Updated on September 9, 2026 at 12:12 am
  • Property ID: HZArray
  • Price: $2,095,000
  • Property Size: 5564 Sq Ft
  • Bedrooms: 14
  • Bathroom: 0
  • Year Built: 1949
  • Property Status: Residential Income
  • Listed by: Derrick Smith
  • DRE #: 02019367
  • Contact Phone: 3108011087|
  • Contact Mail: DS@SmithRealtyCollective.com
  • Brokered by: Coldwell Banker Realty

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