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 35h ago

Excellent Investment Opportunity! Located at 2401 Martin Luther King Jr. Blvd., this multi-tenant commercial retail property features 8 retail units, offering immediate rental income and additional income potential. The property currently generates approximately $12,350 in monthly rental income ($148,200 annually). The vacant unit has a projected rental income of $2,000 per month, bringing the total potential gross rental income to $14,350 per month ($172,200 annually). At the asking price of $1,500,000, the property offers an attractive investment opportunity with a **current GRM of 10.12 and a potential GRM of 8.71 upon leasing the vacant unit**. With established tenants, street frontage, and convenient access, this property presents an excellent opportunity for investors seeking an income-producing commercial asset with additional upside. Buyer to independently verify all rental income, lease terms, operating expenses, square footage, zoning, 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 10/10/2026, 6:57 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.