Prime 5-Unit Income Opportunity in High-Demand LA Rental Market! Excellent investment asset featuring two separate buildings on one lot. The front structure consists of four 2BR/1BA units, while the rear features a detached 3BR/1BA home. Ideal for a savvy investor or an owner-occupant looking to house-hack. All units are fully occupied, offering steady cash flow with great long-term rental upside. Individual gas and electric meters keep landlord expenses to a minimum. Centrally located in the heart of LA near BMO Stadium, the Coliseum, and Downtown, with effortless access to freeways, transit, and shopping. A low-maintenance, high-yielding portfolio addition!
Property details
Year built
1914
Property type
Residential Income
Lot size
6,001 sqft
Location
158 W Martin Luther King Jr • Los Angeles, CA 90037
227 W 41st Street: Sold $1,060,000 · 5 bd · 5 ba · 2,342 sqft · Jul 2026 · 0.1 mi Keller Williams Beverly Hills | DRE #02057627 Buyer's agent: Cinthii Lozano, The Ave | DRE #02414665
257 W 42nd: Sold $570,000 · Jun 2026 · 0.3 mi Realty ONE Group United | DRE #01721969 Buyer's agent: Luis Amaya, Realty ONE Group United | DRE #01721969
1248 W Martin Luther King Jr Blvd: Sold $830,000 · 7 bd · 3 ba · 1,720 sqft · Jun 2026 · 0.3 mi Century 21 Allstars | DRE #01971900 Buyer's agent: Fabiola Garcia Hernandez, Century 21 Allstars | DRE #01971900
4211 S Flower: Sold $625,000 · 2 bd · 1 ba · 1,148 sqft · Jul 2026 · 0.5 mi NEXT Brokerage | DRE #01790209 Buyer's agent: HAYDEE VAZQUEZ, NEXT Brokerage | DRE #01790209
144 W 45th Street: Sold $700,000 · 4 bd · 3 ba · 2,124 sqft · Jul 2026 · 0.6 mi Compass | DRE #01975177 Buyer's agent: Rouanne Garcia, Compass | DRE #02138831
620 W 42nd Place: Sold $495,000 · 2 bd · 1 ba · 1,088 sqft · May 2026 · 0.6 mi Jacob, Christopher & Lee Rlty | DRE #01464851 Buyer's agent: Isabel Juarez, Gaston Equities | DRE #02210023
708 W 40th: Sold $705,000 · 7 bd · 3 ba · 2,295 sqft · Jun 2026 · 0.6 mi Park Regency Realty | DRE #01818048 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01490126
708 W 40th: Sold $705,000 · Jun 2026 · 0.6 mi Park Regency Realty | DRE #01818048 Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01490126