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

Property

1415 1425 Martin Luther King Jr Avenue, Long Beach, CA 90813 Sold October 2025 CRMLS
$2,363,000Sold October 2025

Listing Agent: Steven Bogoyevac (DRE #01332755) · Listing Office: Steven M. Bogoyevac, Broker · Contact: steve.bogoyevac@marcusmillichap.com · Bought with: Maria Sarmiento · Keller Williams Sierra Madre · MLS #PW25180986 · Source: CRMLS

13,058 sqft
Lot Size
1930
Year Built
Property
Type
2
Stories
0
Garage

About this property

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).

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$2,363,000
Sold October 2025 · listed $2,499,000, on market August 2025 · MLS #PW25180986 · Source: CRMLS
Listing Agent: Steven Bogoyevac · Listing Office: Steven M. Bogoyevac, Broker · Contact: steve.bogoyevac@marcusmillichap.com · Bought with: Maria Sarmiento · Keller Williams Sierra Madre
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