White two-story apartment building with black trim, front lawn, and concrete walkway.
White two-story residential building with a green front lawn and metal steps to the entrance.
White two-story stucco building behind a black slat fence and gate, with a small front lawn.
White stucco multi-story building beside a lawn, with a side entrance, concrete steps, and black railings.
White multi-unit building beside a fenced lawn and large pine tree.
Walkway between residential buildings with concrete steps, black railings, and a tall hedge.
Multi-unit building courtyard with exterior walkways, a central staircase, and artificial turf.
Modern bathroom with a gray vanity, glass-enclosed tub-shower, and stacked washer and dryer.
Empty room with gray plank flooring, a ceiling fan, and an open door to the hallway.
Empty bedroom with gray wood-look flooring, a ceiling fan, and a window with blinds.
Vacant bedroom with gray flooring, a ceiling fan, window blinds, and white double closet doors.
Vacant kitchen and open living area with white cabinets, gray flooring, and a small window.
Vacant interior room with gray wood-look flooring, two windows with blinds, and a white entry door.
Vacant living area with gray wood-look floors, a large window, and an open white kitchen.
Vacant open-plan living area with gray flooring, white kitchen cabinets, and windows with blinds.
Vacant living area with gray wood-look flooring and a white kitchen at the far end.
Vacant kitchen with white cabinets, pale countertops, and gray wood-look flooring.
Apartment courtyard with a small lawn, concrete walkway, and exterior staircase.
Vacant paved courtyard enclosed by white walls, with a metal gate and nearby buildings.
Residential building beside a concrete walkway, chain-link fence, and tall stucco wall.
White multi-story building above open covered parking in an enclosed lot.
Enclosed concrete-paved outdoor area with a black metal gate and white walls.
SEE ALL PHOTOS
White two-story apartment building with black trim, front lawn, and concrete walkway.
White two-story residential building with a green front lawn and metal steps to the entrance.
White two-story stucco building behind a black slat fence and gate, with a small front lawn.
White stucco multi-story building beside a lawn, with a side entrance, concrete steps, and black railings.
White multi-unit building beside a fenced lawn and large pine tree.
Walkway between residential buildings with concrete steps, black railings, and a tall hedge.
Multi-unit building courtyard with exterior walkways, a central staircase, and artificial turf.
Modern bathroom with a gray vanity, glass-enclosed tub-shower, and stacked washer and dryer.
Empty room with gray plank flooring, a ceiling fan, and an open door to the hallway.
Empty bedroom with gray wood-look flooring, a ceiling fan, and a window with blinds.
Vacant bedroom with gray flooring, a ceiling fan, window blinds, and white double closet doors.
Vacant kitchen and open living area with white cabinets, gray flooring, and a small window.
Vacant interior room with gray wood-look flooring, two windows with blinds, and a white entry door.
Vacant living area with gray wood-look floors, a large window, and an open white kitchen.
Vacant open-plan living area with gray flooring, white kitchen cabinets, and windows with blinds.
Vacant living area with gray wood-look flooring and a white kitchen at the far end.
Vacant kitchen with white cabinets, pale countertops, and gray wood-look flooring.
Apartment courtyard with a small lawn, concrete walkway, and exterior staircase.
Vacant paved courtyard enclosed by white walls, with a metal gate and nearby buildings.
Residential building beside a concrete walkway, chain-link fence, and tall stucco wall.
White multi-story building above open covered parking in an enclosed lot.
Enclosed concrete-paved outdoor area with a black metal gate and white walls.
For Sale

1311 W Martin Luther King Jr Blvd

1311 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

$2,095,000
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, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.

14
beds

8
baths

5,564 Sq.Ft. LIVING AREA

7,876 Sq.Ft. lot

Derrick Smith

Derrick Smith

Features & Amenities

Interior

  • total bedrooms14
  • Total bathrooms8
  • APPLIANCES None

Area & Lot

  • Status For Sale
  • Living Area5,564 Sq.Ft.
  • Lot Area7,876 Sq.Ft.
  • MLS® ID26985151
  • TypeMulti-Family
  • YEAR BUILT1949

Exterior

  • STORIES2
  • parkingAuto Driveway Gate
  • HEAT TYPECentral
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,095,000
  • Zoning LAR3

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