5,520 sqft

$1,500,000

2401 W Martin Luther King Jr, Los Angeles CA, 90008

Price per sqft$271.74

Built in1948

Property size5,520 sqft

Property typeCommercial

Overview

Active

Listed Oct 8, 2026

Updated 4 days ago

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.

Additional information

MLS^® ID: DW26219609

Interior Features

Basement: No

Exterior Features

Lot Size: 0.16 Acres

Listed by Tomas Briseno, Century 21 Realty Masters, CA DRE 01940380

Listing Contact: 323-775-7594

Based on information from the CRISNet MLS as of 10/30/2026, 4:26 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.