$1,595,000
For Sale

851 Martin Luther King Jr Avenue

Long Beach, CA 90813
4600 sqft | 0.13 acres | #24457289
Listing OfficeShirvan Group Inc
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Guaranteed rental cash-flow. Building #1 has 2 units, 4bd 2.5 ba each, constructed in 1980. Building #2, has 2 units, 2 bd 2 ba each, constructed 2022. Drive by ONLY. Under NO circumstance you should disturb tenants. Do not go on property. Each unit has separate utilities, additionally each unit has their own laundry area. 2 of the tenants are HUD Section 8 and the other 2 regular. Well maintained. The property has 2 addresses, 845 MLK, built in 2022 and 851 MLK, built in 1980.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.1286
      • Square Feet4600
  • Construction Details
      • Property TypeMulti-Family
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,595,000
  • Other
      • MLS #24457289

Location

Marjorie CrowReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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