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Listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, Listing Contact: 310-729-1559 
3 Beds
2 Baths

$1,895,000

1861 W Martin Luther King Jr Boulevard, Los Angeles CA, 90062

Property typeMulti-family

Overview

Active

Listed Oct 6, 2026

Updated 39h ago

1861 W Martin󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 Luther King Jr Blvd presents an attractive opportunity to acquire a 12-unit multifamily property in Los Angeles, offered at $1,895,000. The property features a desirable unit mix of (11) 1 Bed/1 Bath units and (1) 2 Bed/1 Bath unit, complemented by 8 on-site parking spaces and a generously sized lot exceeding 10,000 square feet. The property offers strong in-place returns with a 7.56% cap rate and 8.12 GRM, providing investors with an attractive day-one yield and additional upside through future rent optimization. Four units are currently occupied by subsidized tenants, providing a portion of the propertys income from government-supported rental programs. Ideally situated in Los Angeles 90062 submarket, 1861 W Martin Luther King Jr Blvd offers convenient access to major employment centers, retail, transportation, and surrounding neighborhoods. The combination of strong in-place performance, a favorable unit mix, ample parking, and additional rental upside makes this an appealing addition to a multifamily investment portfolio.

$12,607/mo

Est. mortgage payment based on a $1,895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26217704

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.24 Acres

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Data last updated 7:10 AM UTC, 10/8/2026

   

 

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