---
listing_id: CRSB26217704
status: Active
price: 1895000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 10425
lot_acres: 
year_built: 1954
property_type: Residential Income
property_subtype: Residential Income
address: "1861 W Martin Luther King Jr Bld"
city: Los Angeles
state: CA
zip: 90062
county: "Los Angeles County"
lat: 34.0111251
lng: -118.3130896
days_on_market: 2
hoa_fee: 
hoa_frequency: 
garage_spaces: 8
list_agent: "Aaron Jacobson"
list_office: "Lyon Stahl Investment Real Estate, Inc."
list_agent_phone: "(310) 729-1559"
list_agent_license: 02100737
mls_source: CRMLS
modified: 2026-10-06
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90062 | 1861 W Martin Luther King Jr Bld

1861 W Martin Luther King Jr Bld, Los Angeles, CA 90062

MLS: CRSB26217704 | Status: | Price: $1,895,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – 10,425 1954

Remarks

1861 W Martin Luther King Jr Blvd presents an attractive opportunity to acquire a 12-unit multifamily property in Los Angeles, offered at $1,895,000. The property features a desirable unit mix of (11) 1 Bed/1 Bath units and (1) 2 Bed/1 Bath unit, complemented by 8 on-site parking spaces and a generously sized lot exceeding 10,000 square feet. The property offers strong in-place returns with a 7.56% cap rate and 8.12 GRM, providing investors with an attractive day-one yield and additional upside through future rent optimization. Four units are currently occupied by subsidized tenants, providing a portion of the property’s income from government-supported rental programs. Ideally situated in Los Angeles’ 90062 submarket, 1861 W Martin Luther King Jr Blvd offers convenient access to major employment centers, retail, transportation, and surrounding neighborhoods. The combination of strong in-place performance, a favorable unit mix, ample parking, and additional rental upside makes this an appealing addition to a multifamily investment portfolio.

MLS Listing Information

Field Value
MLS # CRSB26217704
MLS Source California Regional MLS
Days on Site 2

Features

Interior Features

Feature Details
Laundry None

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 8 Car(s)

Contact Information

Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
License #: 02100737
Phone: (310) 729-1559

Property Units

# Buildings # Leased Units # Total Units
1 – –

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Martin Luther King Jr. Elementary School public K-5 0.30 mi 4
Forty-Second Street Elementary School public K-5 0.60 mi 6
Tom Bradley Global Awareness Magnet School public K-5 0.61 mi 7
Foshay Learning Center public K-12 0.65 mi 6
Barack Obama Global Preparation Academy public 6-12 0.73 mi 2
Birdielee V. Bright Elementary School public K-5 0.83 mi 4
Iovine and Young Center public 9,10,11 0.86 mi 10
Audubon Middle School public 6-8 0.86 mi 3
Normandie Avenue Elementary School public K-5 0.96 mi 3
Angeles Mesa Elementary School public K-5 1.18 mi 4
Lenicia B. Weemes Elementary School public K-5 1.19 mi 4
Manual Arts Senior High School public 9-12 1.19 mi 3
Sixth Avenue Elementary School public K-5 1.23 mi 3
Western Avenue Technology Magnet public K-8 1.26 mi 6
Computer Science Virtual Academy public K-12 1.33 mi 8
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet public 9-12 1.33 mi 3
Whitney Young Continuation School public 9-12 1.33 mi 4
Menlo Avenue Elementary School public K-8 1.36 mi 7
Dr. James Edward Jones Primary Center public KG,1,2 1.39 mi N/A
Mid-City's Prescott School Of Enriched Sciences public 1,2,3,4,5 1.48 mi 5

Disclosures

©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of October 06, 2026. For the most current information, please contact Aaron Jacobson, (310) 729-1559.