1415 1425 Martin Luther King Jr AVE Long Beach, CA 90813

Name: Open House - 9AM-11AM
Start: 2025-10-21T09:30:00.000Z
End: 2025-10-21T11:30:00.000Z
Location: 3057 S Higuera ST #111, San Luis Obispo, CA 93401

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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Key Details

Sold Price $2,363,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25180986

Sold Date 10/17/25

HOA Y/N No

Year Built 1930

Lot Size 0.300 Acres

Property Sub-Type Mixed Use

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 eight percent potential upside, and there may be potential to develop four ADU's in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).