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 Beachs 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 ADUs in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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 Beachs 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 ADUs in the large parking lot of 1415 Martin Luther King Jr. Ave (buyer to verify).
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.