About 1415 1425 Martin Luther King Jr Avenue
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).
Features of 1415 1425 Martin Luther King Jr Avenue
| MLS® # | PW25180986 |
|---|---|
| Price | $2,499,000 |
| Sold Price | $2,363,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Lot Sqft | 13,058 |
| Acres | 0.30 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Closed |
| # Of Units | 10 |
Community Information
| Address | 1415 1425 Martin Luther King Jr Avenue |
|---|---|
| Area | 9 - Poly High |
| Subdivision | n/a |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | August 11th, 2025 |
|---|---|
| Date Sold | October 17th, 2025 |
| Zoning | LBR1N |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Bogoyevac |
|---|---|
| Office | Steven M. Bogoyevac, Broker |