Listed by Tomas Briseno of Century 21 Realty Masters (323-775-7594)
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.

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Property Details of 2401 W Martin Luther King Jr

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Based on information submitted to CRMLS as of October 15, 2026 1:23 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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