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$998,000
 $5,357 est/mo Sourced by Back At You

158 W Martin Luther King Jr,Los Angeles, CA 90037

Los Angeles, CA 90037

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Description

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!

Details

MLS #TR26134027
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1914
Days On Site120
Listing Provided ByNew Star Realty & Inv. | Anna Yang

Features

SQ Feet3,723
Story(s)1
Units5
Building(s)2
Acreage0.14

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Lot FeaturesNear Public Transit

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC42 Downtown L.A.
Listing VS Median (in 90037)
Price:
$998,000
low | high
Med:
$1,350,000
14.729458917836% of Average
sqft:
3,723
low | high
Med:
4,882
18.869191512221% of Average
$ / sqft:
$268
low | high
Med:
$277
46.843051116572% of Average
On site:
120
low | high
Med:
7
100% of Average
Sourced by Back At You

Market Activity 90037

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Contact

Learn More About This Property

James Nagorski

James Nagorski

Coldwell Banker Commercial

02248064 (805) 538-3393james.nagorski@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90037
AreaC42 Downtown L.A.
Listing VS Median (in 90037)
Price:
$998,000
low | high
Med:
$1,350,000
14.729458917836% of Average
sqft:
3,723
low | high
Med:
4,882
18.869191512221% of Average
$ / sqft:
$268
low | high
Med:
$277
46.843051116572% of Average
On site:
120
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $748K - $1.247M
sqft: 2,500 - 4,500
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4207 S Flower Street Property Photo 1
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326 E 35th Street Property Photo 1
$895,000
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Listing Updated: September 29, 2026 at 1:43:52 AM PDT

James Nagorski - Coldwell Banker Commercial Real Estate Solutions