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Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 107
Approx. Age 1930
MLS® Number PW25047462

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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).Show Description
MLS® NumberPW25047462
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1930
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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