1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813
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1415 1425 Martin Luther King Jr Avenue,Long Beach, CA 90813
$2,499,000
- - Beds
- - Baths
- 7,282 sq. ft.
- Multi-family
- Active
Listed by:steven bogoyevac
Office:steven m. bogoyevac, broker
MLS#:PW25180986
Source:CRMLS
Price summary
- Price:$2,499,000
- Price per sq. ft.:$343.17
About this home
Exciting opportunity to acquire two contiguous multifamily investment properties in Long Beach, California. This offering comprises 1415 Martin Luther King Jr. Avenue, a 1961 construction fourplex with all two-bed/one-bath units, and the adjacent 1425 Martin Luther King Jr. Avenue, a six-unit property consisting of a front duplex with a three-bed/two-bath unit and a one-bed/one-bath unit, as well as a rear fourplex with all two-bed/one-bath units. The property also offers on-site laundry and ample surface parking.
The property is located in Long Beach’s Poly High neighborhood within easy walking distance of grocery stores and other amenities.
Current rents offer a new investor eight percent potential upside, and there may be potential to develop four ADU’s in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).
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Home facts
- Year built:1930
- Listing Id #:PW25180986
- Added:163 day(s) ago
- Updated:August 13, 2025 at 01:21 PM
Rooms and interior
- Living area:7,282 sq. ft.
Structure and exterior
- Year built:1930
- Building area:7,282 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,499,000
- Price per sq. ft.:$343.17
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