1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
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1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813

$2,400,000 Approx. USD 0 beds, 0 baths
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Listing Agent


Steven Bogoyevac | steve.bogoyevac@marcusmillichap.com
Lic#: 01332755
Broker: Courtesy of Steven M. Bogoyevac, Broker

Agent Remarks

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).

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# PW25047462
Price: $2,400,000
Beds: 0
Baths: 0
Built in 1930
2 stories
0.30 acres
Lot size: 0.2998
Subdivision: n/a
County: Los Angeles
Zoning: LBR1N
MLS area: 9 - Poly High

Last Updated: 3/27/2025

 Days On Market (DOM): 61

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This listing belongs to the 9 - Poly High MLS area

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Lat/Long: 33.783936, -118.180983.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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