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

Listing office New Star Realty & Inv. a***@gmail.com Show Phone

Listing date Jun 17, 2026

Source Crexi

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Overview

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.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.2754583

Latitude

34.0109063

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FAQs

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