About 1861 W Martin Luther King Jr Boulevard
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.
Features of 1861 W Martin Luther King Jr Boulevard
| MLS® # | SB26217704 |
|---|---|
| Price | $1,895,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.24 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 1861 W Martin Luther King Jr Boulevard |
|---|---|
| Area | LOS ANGELES (90062) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90062 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Additional Information
| Date Listed | October 6th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lyon Stahl Investment Real Estate, Inc. |
|---|