Listed By:
Steven M. Bogoyevac, Broker, [email protected], Steven Bogoyevac
Local Realty Services Provided By:
Keller Williams Realty Pacific Estates
Overview
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1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813
1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813
Estimation provided by Keller Williams Realty Inc.
Active Under Contract
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Open House:
(Local time)
Property 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 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
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Overview
Property Type
Mixed Use
Property Size
Year Built
1930
Days on Site
17 Days
Parking
10 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Price & Tax History
Date
Event
Price
Listed
(+
)
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+
)
Land 303,370 +
Additions 202,243
2022
(+
)
Land 291,591 +
Additions 194,391
2021
(+
)
Land 291,591 +
Additions 194,391
2019
(+
)
Land 288,602 +
Additions 192,398
2017
Land 277,397 +
Additions 184,928
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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