Prime 5-Unit Income Opportunity in High-Demand LA Rental Market! Excellent investment asset featuring two separate buildings on one lot. The front structure consists of four 2BR/1BA units, while the rear features a detached 3BR/1BA home. Ideal for a savvy investor or an owner-occupant looking to house-hack. All units are fully occupied, offering steady cash flow with great long-term rental upside. Individual gas and electric meters keep landlord expenses to a minimum. Centrally located in the heart of LA near BMO Stadium, the Coliseum, and Downtown, with effortless access to freeways, transit, and shopping. A low-maintenance, high-yielding portfolio addition!
For sale
Listed by: New Star Realty & Inv. • Anna Yang • Contact: 909-282-7307
Price cut: $51K (8/12)
$998,000
158 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
11beds
5baths
3,723sqft
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
- 61 days |
- 76 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Anna Yang DRE #01406211 909-282-7307,
New Star Realty & Inv.,
Brian Yang DRE #01856389,
New Star Realty & Inv.
Source: CRMLS,MLS#: TR26134027
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,723
- Total interior livable area: 3,723 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,001 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 5111024011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $1,183,791
- Date on market: 6/18/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$4,107/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $998,000-4.9%$268/sqft |
Source:  CRMLS #TR26134027 Report a problem | ||
| 6/19/2026 | Listed for sale | $1,049,000-4.6%$282/sqft |
Source: CRMLS #TR26134027 Report a problem | ||
| 1/24/2025 | Listing removed | $1,099,999$295/sqft |
Source:  CLAW #24-456361 Report a problem | ||
| 10/24/2024 | Listed for sale | $1,099,999+5.8%$295/sqft |
Source: CLAW #24-456361 Report a problem | ||
| 4/25/2023 | Listing removed | -- |
Source: CLAW #23-237157 Report a problem | ||
| 4/19/2023 | Listed for sale | $1,039,999$279/sqft |
Source: CLAW #23-237157 Report a problem | ||
| 3/20/2023 | Listing removed | -- |
Source: CLAW #23-237157 Report a problem | ||
| 3/2/2023 | Price change | $1,039,999-4.6%$279/sqft |
Source: CLAW #23-237157 Report a problem | ||
| 2/13/2023 | Price change | $1,089,999-4.4%$293/sqft |
Source: CLAW #23-237157 Report a problem | ||
| 1/30/2023 | Listed for sale | $1,139,999+11.8%$306/sqft |
Source: CLAW #23-237157 Report a problem | ||
| 1/22/2018 | Sold | $1,020,000+71.4%$274/sqft |
Source: Public Record Report a problem | ||
| 6/21/2013 | Sold | $595,000+5.7%$160/sqft |
Source: Public Record Report a problem | ||
| 5/3/2006 | Sold | $563,000+52.2%$151/sqft |
Source: Public Record Report a problem | ||
| 11/4/2003 | Sold | $370,000+13.8%$99/sqft |
Source: Public Record Report a problem | ||
| 7/31/2003 | Sold | $325,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,183,791 +2% |
| 2025 | $14,810 +1.3% | $1,160,580 +2% |
| 2024 | $14,625 +1.9% | $1,137,825 +2% |
| 2023 | $14,354 +4.7% | $1,115,516 +2% |
| 2022 | $13,713 +1.3% | $1,093,644 +2% |
| 2021 | $13,539 -1% | $1,072,201 +1% |
| 2020 | $13,680 | $1,061,208 +2% |
| 2019 | $13,680 +60% | $1,040,400 +61.6% |
| 2018 | $8,552 | $643,940 +2% |
| 2017 | $8,552 +2.6% | $631,315 +2% |
| 2016 | $8,333 +2.6% | $618,937 +1.5% |
| 2015 | $8,122 +0.7% | $609,641 +2% |
| 2014 | $8,066 | $597,700 +70.8% |
| 2011 | -- | $350,000 -41.4% |
| 2009 | -- | $597,459 +4% |
| 2007 | -- | $574,260 +49.2% |
| 2005 | -- | $384,948 +4% |
| 2004 | -- | $370,000 +57.7% |
| 2003 | -- | $234,585 +2% |
| 2002 | -- | $229,986 +4% |
| 2000 | -- | $221,058 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 3/10Trinity Street Elementary SchoolGrades: 2-5Distance: 0.4 mi
- 4/10William Jefferson Clinton Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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