Business for Sale in Los Angeles, CA
$1,500,000
2401 W Martin Luther King Jr, Los Angeles, CA
MLS# DW26219609
Commercial Sale
Nalren refreshed
Listing Agent
Tomas Briseno
DRE #: 01940380
Brokerage: Century 21 Realty Masters
Description
8 Retail Units | 7.27% Current CAP Rate | 8.87% Potential CAP Rate! Excellent investment opportunity at 2401 Martin Luther King Jr. Blvd.! Offered at $1,500,000, this multi-tenant retail property generates approximately $148,200 in annual gross income, with potential to reach $172,200 upon leasing the vacant unit. Current GRM of 10.12 and potential GRM of 8.71. Established tenants, excellent street frontage, and strong income upside. CAP rates are estimates based on reported expenses and projected property taxes. Buyer to verify all income, expenses, CAP rates, property details, and permitted uses.
Property details
Location
2401 W Martin Luther King Jr • Los Angeles, CA 90008
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CRMLS
MLS# DW26219609
Listed: 10/8/2026 10:03 AM
© 2026 California Regional Multiple Listing Service, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/29/2026 9:27 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Century 21 Realty Masters
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.