1069 Martin Luther King Jr Avenue

1069 Martin Luther King Jr Avenue, Long Beach, CA 90813

Priced to sell! About 1 mile away from the beautiful Alamitos beach! Rare rental income opportunity with great monthly cash flow. This 7,096 square foot condo features 16 beds and 16 bathrooms with 8 (2beds/2baths) units. All 8 units offers attractive 2beds & 2baths with a large patio. Seller has recently put $220K into remodeling of all units. It offers security fence, building owned laundry machines(2 washers/2 dryers), and fenced parking garage. Close to Downtown Long Beach, which has seen major redevelopment in recent years. Nearby schools include Lincoln Elementary School, True Social Justice Academy and Clear Passage Educational Center. The closest grocery stores are La Bodega Market, Amigo's Market and K H Market. It is near Peace Park, MacArthur Park and McBride Park with a fantastic 92 walking score. Buyer to Verify all information provided.

Features & Amenities

Interior

Laundry Room Common Area
Fireplace None

Exterior

Stories 2
Garage Space 8
Water Source Public
POOL None
Lot Features 36-40 Units/Acre
Parking Garage
Heat Type Wall Furnace
Sewer Public Sewer
HOA Amenities Park, Urban

Area & Lot

Status Sold
LIVING SPACE 7,096 Sq.Ft.
LOT SIZE 0.15 Acres
MLS® ID SB21087723
Type MULTI_FAMILY
Year Built 1987
View Description Neighborhood

Financial

SALES PRICE $2,375,000
Zoning LBR4R

Work With Guillermo

Your home is your sanctuary. Letting go of that sanctuary can be a traumatic process. Finding a new haven can be just as daunting. Guillermo understands and his goal is to find your perfect new home that will not only suit your budget, but also give you immediate peace and protection the moment you walk through the door.

Let's Connect