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    854 Martin Luther King Jr Blvd Los Angeles, CA 90037

    For Sale
    $888,000

    Four-unit multifamily property near USC and Coliseum.

    Property Features for 854 Martin Luther King Jr Blvd

    General Information

    Standard status
    Active

    Source: REAL BROKERAGE TECHNOLOGIES Agent XUWEI CHEN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    USC Adjacent Investment Opportunity

    This multifamily property, consisting of four units, is located across the street from USC and the Coliseum, offering a prime investment opportunity. Each unit is over 1000 square feet, totaling an interior of 4062 square feet for the entire building. The property features eight on-site parking spaces, with additional street parking available. Currently configured as two-bedroom, one-bath units, the units are cosmetic fixers and could be converted to two-bedroom, two-bath layouts. The property is situated within the Department of Public Safety (DPS) patrol and response area and is minutes away from Downtown Los Angeles. The property is intended as an investment opportunity, or for an owner to live in one unit and rent out the others. Rebuilding is another potential option for the property. The sale is subject to inspection, and the property will not be delivered vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -118.2891339
    Latitude
    34.0108221

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property near USC and Coliseum.
    Where is this quadplex located?
    The property is located at 854 Martin Luther King Jr Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $888,000.
    What are key features of this property?
    This property features: - Prime location across from USC and the Coliseum.; - Large interior space: 4,062 sq ft building with 4 units over 1,000 sq ft each.; - Lowest price per square foot in the area (just over $200/sf).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    854 Martin Luther King Jr Blvd Los Angeles, CA 90037
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