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).
MLS #
CRPW25047462
MLS Source
California Regional MLS
Days on Site
13
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | – |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Polytechnic High School | public | 9-12 | 0.26 mi | |
Lincoln Elementary School | public | K-5 | 0.28 mi | |
Roosevelt Elementary School | public | K-5 | 0.33 mi | |
Whittier Elementary School | public | K-5 | 0.60 mi | |
Stevenson Elementary School | public | K-5 | 0.71 mi | |
Franklin Classical Middle School | public | 6-8 | 0.71 mi | |
Renaissance High School For The Arts | public | 9-12 | 0.73 mi | |
International Elementary School | public | K-5 | 0.76 mi | |
Alvarado Elementary School | public | K-5 | 0.77 mi | |
Robinson Academy | public | K-8 | 0.77 mi | |
Washington Middle School | public | 6-8 | 0.81 mi | |
Educational Partnership High School | public | 9-12 | 0.86 mi | |
Jessie Nelson Academy | public | 6-8 | 0.94 mi | |
Burnett Elementary School | public | K-5 | 1.02 mi | |
Signal Hill Elementary School | public | K-5 | 1.13 mi | |
Burbank Elementary School | public | K-5 | 1.19 mi | |
Edison Elementary School | public | K-5 | 1.31 mi | |
Lee Elementary School | public | K-5 | 1.31 mi | |
Willard Elementary School | public | K-5 | 1.45 mi | |
Lafayette Elementary School | public | K-5 | 1.50 mi |
1415 1425 Martin Luther King Jr Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 13,058 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,400,000 and was built in 1930.
This address can also be written as 1415 1425 Martin Luther King Jr Ave, Long Beach, CA 90813.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 04, 2025. For the most current information, please contact Steven Bogoyevac, (562) 257-1231