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USC Adjacent Investment Opportunity
For Sale
$888,000

854 Martin Luther King Jr Boulevard, Los Angeles, CA 90037

Four-unit multifamily property near USC and Coliseum.

Days on Market407

Property Features for 854 Martin Luther King Jr Boulevard

General Information

Standard status Active
Listing Agency: REAL BROKERAGE TECHNOLOGIES
Listed By: XUWEI CHEN
Source: Corcoran
Added: Jun 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 REAL BROKERAGE TECHNOLOGIES

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Acupuncture HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

889
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

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 Boulevard 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).
More about this property
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