Smith Realty Collective is pleased to present this incredible cash-flowing 7-unit building just blocks away from the prestigious USC, LA Coliseum, and BMO Stadium. Currently generating an attractive 8.5% CAP rate, this property offers investors immediate cash-flow potential in one of Los Angeles’ most dynamic and rapidly evolving areas. Adding to the investment appeal, the property is located within an Opportunity Zone, potentially providing qualifying investors with valuable federal tax benefits, including capital-gains deferral and other potential tax advantages. But the upside doesn’t stop there. The sale includes approved Ready-to-Issue (RTI) plans for four additional ADUs at the rear of the property, creating a compelling opportunity to significantly increase the property’s unit count, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.
Property Details
Price:
$2,095,000
MLS #:
26985151
Status:
Active
Beds:
14
Baths:
8
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 8, 2026
Finished Sq Ft:
5,564
Total Sq Ft:
5,564
Lot Size:
7,876 sqft / 0.18 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Cooling
NO
Heating
CF
Levels
U
Exterior
Parking Spots
8
Parking Total
8
Financial
Map
Community
- Address1311 W Martin Luther King Jr BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 09, 2026
7,969
Single Family Listed
86
Avg DOM
420
Avg $ / SqFt
$1,548,799
Avg List Price
Property Summary
- 1311 W Martin Luther King Jr BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $2,095,000 and features 14 beds, 8 baths, and has approximately 5,564 square feet of living space, and was originally constructed in 1949. The current price per square foot is $377. The average price per square foot for Single Family listings in Los Angeles is $420. The average listing price for Single Family in Los Angeles is $1,548,799.
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1311 W Martin Luther King Jr BL
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