Five-Unit Income Residential
For Sale
Contact for pricing
158 W Martin Luther King Jr, Los Angeles, CA 90037
Two-building multifamily on one lot with fully occupied units and individual gas and electric meters.
Property SizeContact for details
Days on Market55
Property Features for 158 W Martin Luther King Jr
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Buildings
2
Units
5
Tenancy
Multi
Listing Agency:
New Star Realty & Inv.
(909) 282-7307
Listed By:
Anna Yang · License #01406211
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 9 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Star Realty & Inv.
Investment Insights
Based on property information with market context.
This five-unit income property consists of two separate structures on one lot. The front building includes four 2-bedroom, 1-bath units, while the rear includes a detached 3-bedroom, 1-bath home. All units are fully occupied, providing an existing rental setup for an investor or owner-occupant.
The property is centrally located in Los Angeles near BMO Stadium, the Coliseum, and Downtown. The area is described as offering effortless access to freeways, transit, and shopping.
Unit metering is individually handled with separate gas and electric meters, which can help keep landlord utilities expenses more manageable than shared systems. With a mix of 2-bedroom and 3-bedroom layouts across two buildings, the property may fit operators seeking an income-producing residential portfolio with multiple configurations under one ownership structure.
The property is centrally located in Los Angeles near BMO Stadium, the Coliseum, and Downtown. The area is described as offering effortless access to freeways, transit, and shopping.
Unit metering is individually handled with separate gas and electric meters, which can help keep landlord utilities expenses more manageable than shared systems. With a mix of 2-bedroom and 3-bedroom layouts across two buildings, the property may fit operators seeking an income-producing residential portfolio with multiple configurations under one ownership structure.
Key Highlights
- 5‑unit multifamily on one lot with two separate buildings
- Front building features four 2BR/1BA units
- Rear building is a detached 3BR/1BA home
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily on one lot with fully occupied units and individual gas and electric meters.
Where is this apartment building located?
The property is located at 158 W Martin Luther King Jr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 5‑unit multifamily on one lot with two separate buildings; Front building features four 2BR/1BA units; Rear building is a detached 3BR/1BA home
