Listing provided courtesy of Tomas Briseno of Century 21 Realty Masters. Last updated 2026-10-24 08:34:35.000000. Listing information © 2026 CRMLS.

Asking Price: $1,500,000

2401 Martin Luther King Jr, Los Angeles CA 90008

Community: ​C34 - Los Angeles Southwest

Status: Active

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This Business property was built in 1948 and is priced at $1,500,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 677111336
  • Type: Business
  • Year Built: 1948
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600