158 W Martin Luther King Jr
Los Angeles, CA 90037
0
Bed
0
Bath
3,723Sqft
6,001Sqft(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1914 Building Area Total: 3,723 -
Pool Features
NoneLaundry Features
See Remarks
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1378 -
Lot Size Source: Assessor Lot Size Square Feet: 6001
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Listing Price Information
Original List Price: 1,049,000 Listing Contract Date: 2026-06-17 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5111024011
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Broadway & Main Source Property Type: Residential Income Area: C42 - Downtown L.A. Property SubType: Apartment -
Building and Construction
Property Age: 112 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 146 W Vernon, Los Angeles, CA, 90037 | $1,060,000 | -- | -- | 3,972 | 3,972 SqFt |
| 160 W 48th, Los Angeles, CA, 90037 | $689,900 | 3 | 3 | 1,152 | 1,152 SqFt |
| 201 W 49th, Los Angeles, CA, 90037 | $749,998 | 3 | 1 | 1,412 | 1,412 SqFt |
| 227 W 52nd Street, Los Angeles, CA, 90037 | $500,000 | 4 | 1 | 1,500 | 1,500 SqFt |
| 4260 S Figueroa Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 4,516 | 4,516 SqFt |
| 545 W 41st Street, Los Angeles, CA, 90037 | $1,150,000 | 4 | -- | 3,923 | 3,923 SqFt |
| 602 W 40th Place, Los Angeles, CA, 90037 | $1,600,000 | 10 | -- | 3,692 | 3,692 SqFt |
| 536 W 42nd Street, Los Angeles, CA, 90037 | $1,055,000 | 6 | -- | 1,983 | 1,983 SqFt |
| 603 W 41st Place, Los Angeles, CA, 90037 | $3,290,000 | 20 | -- | 7,860 | 7,860 SqFt |
| 5734 S Broadway, Los Angeles, CA, 90037 | $2,195,000 | -- | -- | 11,568 | 11,568 SqFt |
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ByOwner last updated this listing 06/24/2026 @ 16:38
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