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

Listed by Tomas Briseno CA DRE# 01940380 with Century 21 Realty Masters 323-775-7594

Overview

Active

Listed Oct 8, 2026

Updated 2h 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 CA DRE# 01940380 with Century 21 Realty Masters 323-775-7594

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/29/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/29/2026 at 4:32 PM UTC Last Checked: 4:32 PM UTC