1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813

  • $2,499,000
1415 1425 Martin Luther King Jr Avenue
ResidentialIncome Active
1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813
1415 1425 Martin Luther King Jr Avenue
  • $2,499,000

Overview

Property ID: HZPW25047462
  • MixedUse
  • Property Type
  • 0
  • Garage
  • 1930
  • Year Built

Description

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).

  • Address Martin Luther King Jr
  • City Long Beach
  • State/county Los Angeles
  • Zip/Postal Code 90813

Details

Updated on July 7, 2025 at 7:09 pm
  • Property ID: HZPW25047462
  • Price: $2,499,000
  • Land Area: 0.2998 SquareFeet
  • Garage: 0
  • Year Built: 1930
  • Property Type: MixedUse
  • Property Status: ResidentialIncome
  • Listed by: Steven Bogoyevac
  • DRE #: 01332755
  • Contact Mail: steve.bogoyevac@marcusmillichap.com
  • Brokered by: Steven M. Bogoyevac, Broker

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