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 15 percent potential upside, and there may be potential to develop ADU’s in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).
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 15 percent potential upside, and there may be potential to develop ADU’s in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).
Property Details
Price:
$2,400,000
MLS #:
PW25047462
Status:
Active
Baths:
0
Address:
1415 Martin Luther King Jr Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
9polyhigh
City:
Long Beach
Listed Date:
Mar 4, 2025
State:
CA
ZIP:
90813
Lot Size:
13,058 sqft / 0.30 acres (approx)
Year Built:
1930
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1415 Martin Luther King Jr Avenue Long Beach CA
- Area9 – Poly High
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Similar Listings Nearby
- 753 Cerritos
Long Beach, CA$3,000,000
0.55 miles away
- 2619 Chestnut Avenue
Long Beach, CA$2,999,000
1.68 miles away
- 19 Laguna Place
Long Beach, CA$2,995,000
3.82 miles away
- 1271 E 7th Street
Long Beach, CA$2,995,000
0.66 miles away
- 310 W 8th Street
Long Beach, CA$2,799,000
0.98 miles away
- 15 69th Place
Long Beach, CA$2,790,000
4.40 miles away
- 1048 E 5th Street
Long Beach, CA$2,750,000
0.79 miles away
- 20 Roycroft Avenue
Long Beach, CA$2,700,000
2.92 miles away
- 1711 Chestnut Avenue
Long Beach, CA$2,700,000
0.95 miles away
- 1135 E Appleton Street
Long Beach, CA$2,695,000
1.02 miles away
Courtesy of Steven M. Bogoyevac, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1415 Martin Luther King Jr Avenue
Long Beach, CA
LIGHTBOX-IMAGES