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1821 Martin Luther King Jr Ave, Long Beach, CA 90806
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1821 Martin Luther King Jr Ave Long Beach, CA 90806

$175,000 Sold Price as of 07/14/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$175,000 Sold Price as of 07/14/2023 Refinance Your Mortgage
Map preview of 1821 Martin Luther King Jr Ave, Long Beach, CA 90806

Property Overview: 1821 Martin Luther King Jr Ave Long Beach, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PCH Market Very good and stable business. Current owner has it for over 10 years. Daily sales average approximately $1900. Business including walk-in-cooler of 28 ft. x12 ft., an Ice maker and a commercial water filter unit. Owner has built an office room with closet of 18ft ? 8ft that can be used as break room. All equipment worth over $100000. This business Building located at the same corner which the multiple residential units are under construction as shown on the MLS pictures. Seller currently is holding City business License, ABC License and Tobacco License. The income from selling of lotto was over $54000 during the previous year.

Listed by Steve Vong | BRE #01273285 | First American Team Realty Inc
Last checked: 2 minutes ago | Last updated: July 17th, 2023 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Business
Status
Sold
MLS#
PW23017270
City
Long Beach
County
Los Angeles
Time on Site
464 days

Property Details for 1821 Martin Luther King Jr Ave

Lot Details / Garage and Parking
Property Information
  • Parcel Number: 7210013020
Location / Neighborhood
Location Information
  • Directions: Martin Luther king and PCH
View more facts & features

Local Long Beach Agent

Sale History for 1821 Martin Luther King Jr Ave

Last sold for $175,000 on July 14th, 2023

  • July, 2023

  • Jul 14, 2023

    Date

    Sold

    CRMLS: PW23017270

    $175,000

    Price

  • Jan 31, 2023

    Date

    Active

    CRMLS: PW23017270

    $220,000

    Price

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: DW22026326

    $995,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: DW22026326

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this multi tenant retail building located in the bustling neighborhood of Long Beach, CA. The building consists of 2 units and the entire property has been upkept well with very little deferred maintenance. Additionally, street parking in front of the building is easily accessible for customers. The property enjoys visibility and exposure from Pacific Coast Highway. One of the two units will be delivered vacant, providing a rare opportunity for an owner user to occupy and own the building or upside potential for new tenant. Vacant unit is equipped with new tile flooring and high ceilings. Pacific Coast Highway traffic count is +/- 38,000 vehicles per day. Property is zoned as multi use, retail, and residential giving opportunity for varied future use.

  • May, 2022

  • May 23, 2022

    Date

    Active

    CRMLS: 22160029

    $4,800

    Price

  • Listing provided courtesy of CRMLS

    *Lease Rate: $1.60/PSF/Month Modified Gross* Excellent opportunity to lease a large, approx. 3,000 square foot space with the option to lease as-is or demise into two 1,500 square foot spaces. Two large roll up doors are in front of almost floor-to-ceiling glass doors and windows providing plenty of natural light. The interior features high ceilings, approx. 12' in height, hardwood flooring and fresh paint throughout three large offices and one bathroom. Great location next to a popular neighborhood market plus excellent signage opportunity. Almost at the intersection of Pacific Coast Highway and Martin Luther King Jr. Blvd., a high traffic corridor with lots of visibility. A 68-unit apartment building is under construction next door providing lots of foot traffic to the block. Located one block from Poly High School and Long Beach City College.

  • September, 2014

  • Sep 15, 2014

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • November, 2012

  • Nov 2, 2012

    Date

    Active

    CRMLS: CC323679

    --

    Price

  • Listing provided courtesy of CRMLS

    Excellent retail store available. Currently occupied as womans clothing retail...available with a 30 day notice.. Location:Central Long Beach.

  • October, 2004

  • Oct 14, 2004

    Date

    Sold (Public Records)

    Public Records

    $565,000

    Price

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Tax History for 1821 Martin Luther King Jr Ave

Assessed Value (2020): $494,516
Year Land Value Improved Value Assessed Value
2020 $197,806 $296,710 $494,516

Home Value Compared to the Market

This property vs the competition

1821 Martin Luther King Jr Ave sold on July 14, 2023 for 71.88% lower than the current median sold price for the city of Long Beach which is $800,000.

About 1821 Martin Luther King Jr Ave

Detailed summary of property

1821 Martin Luther King Jr Ave is a business that recently sold in Long Beach, CA 90806. This business offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 1821 Martin Luther King Jr Ave was first listed on ArdentRealEstateGroup.com on February 1, 2023. The homeowner sold the property for $175,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 71.88% lower than the current median priced home. Local homes that are currently for sale include 2806 E Washington Blvd, 659 N Euclid and 928 N Euclid st. While the average home in Long Beach, CA is selling in 51 days, 1821 Martin Luther King Jr Ave has a days on market of 41 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1821 Martin Luther King Jr Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1821 Martin Luther King Jr Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
5,676
Lot Size
5,837
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7210-013-020

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$614
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
15
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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