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We are proud to present 914 E Martin Luther King Jr Blvd, a recently repositioned 4-unit + ADU (5-Units Total) multifamily community operating at a 9.87 GRM and 7.29% CAP Rate on actual rents upon lease-up of the 2 VACANT and RENOVATED units, with upside to operate at an 8.50 GRM and an 8.88% CAP Rate at market rents. This opportunity consists of two separate structures with a front 2-story 4-unit building built in 1948 as well as a rear newly constructed, standalone single-story home (ADU) totaling 2,651 rentable square feet situated on a 3,329 square foot LARD1.5 zoned midblock lot with a currently configuration offering uncovered onsite parking. The unit mix consists of 4 two-bedroom units (one of which is a brand new ADU!), and 1 one-bedroom unit and 1 two-bedroom units will be delivered renovated and vacant! 914 E Martin Luther King Jr Blvd is situated 10 minutes from Downtown Los Angeles, Ross Snyder Recreation Center, Gilbert Lindsay Recreation Center and just 3 minutes away from the closest large-chain grocer (Superior Grocers), providing tenants close proximity to numerous employment opportunities and tenant amenities. Contact the listing broker for additional information.
Property Type(s):
Residential Income
| Last Updated | 4/29/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 3328 sq ft |
| LOT DIMENSIONS | 3329 |
| PARKING | Driveway |
| STORIES | 2 |
Location
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Listed with Kidder Mathews of California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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