1311 W Martin Luther King Jr Boulevard
Los Angeles, CA 90037
14
Bed
8
Bath
5,564Sqft
7,876Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14Bathroom Information
Total Baths: 8 -
Heating & Cooling
Has Heating: Yes Heating: Central Cooling: None
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Building Information
Year Built: 1949Building Area Total: 5564Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 7876 Lot Size Acres: 0.1808 Lot Size Square Feet: 7,876
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Listing Price Information
Listing Price: $2095000
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Tax Information
Parcel Number: 5037001021
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Virtual Tour
Parking Information
Parking Total: 8 ElectricGate
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Location Information
Direction: Google Maps
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 158 W Martin Luther Kin.., Los Angeles, CA, 90037 | $998,000 | 11 | 5 | -- | 6,001 Sqft |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 4,752 Sqft |
| 208 W 49th Street, Los Angeles, CA, 90037 | $899,000 | 7 | 4 | 2,198 | 5,446 Sqft |
| 336 W 45th Street, Los Angeles, CA, 90037 | $849,900 | 5 | 3 | 1,728 | 5,408 Sqft |
| 4207 S Flower Street, Los Angeles, CA, 90037 | $999,900 | 4 | 4 | 3,672 | 6,006 Sqft |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,100,000 | 4 | 4 | 4,516 | 7,510 Sqft |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | 5 | 3,692 | 6,752 Sqft |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,049,900 | 6 | -- | 1,983 | 4,327 Sqft |
| 434 W 48th Street, Los Angeles, CA, 90037 | $675,000 | 3 | 2 | 1,218 | 6,081 Sqft |
| 522 W Vernon Avenue, Los Angeles, CA, 90037 | $1,600,000 | 9 | -- | 3,346 | 7,248 Sqft |
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ByOwner last updated this listing 09/12/2026 @ 04:48
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