1069 Martin Luther King Jr Avenue
1069 Martin Luther King Jr Avenue
$2,375,000
10
16
7,096
7,096
$335
Closed 7/23/21
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Description
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...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.
- Listed by Chang Liu • DRE #02101725 • Brokerage DRE #01948605 • West Shores Realty, Inc.
Property Details for 1069 Martin Luther King Jr Avenue
View
Neighborhood
Parking Spaces Total8
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area7096
Assessor Parcel Number7274-010-035
Location
LISTING UPDATED: 07/24/2021 04:42 AM
Property Details for 1069 Martin Luther King Jr Avenue
Status | Closed |
---|---|
MLS # | SB21087723 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1987 |
Lot Size | 0.15 AC / 6,526 SF |
County | Los Angeles County |
Location
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Building Information for 1069 Martin Luther King Jr Avenue
Stories2Residences-Year Built1987Building Size-Lot Size0.15 AC / 6,526 SF
Payment Calculator
$15,609 per month
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Property Information for 1069 Martin Luther King Jr Avenue
Property History for 1069 Martin Luther King Jr Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1069 Martin Luther King Jr Avenue
Taxable ValueLand$1,570,800Additions$851,700Total$2,422,500
Tax Record2023$31,779 ($2,648 / month)
Home Facts
Total Finished SqFt7,096 SqFtAbove Grade Finished SqFt7,096 SqFtLot Size6,526 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLBR4RCountyLOS ANGELESAPN7274-010-035
Schools near 1069 Martin Luther King Jr Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
International Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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