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727 Martin Luther King Jr Ave, Long Beach, CA 90813
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727 Martin Luther King Jr Ave Long Beach, CA 90813

$649,900
  • 2 Beds
  • 2 Baths
  • 1,040 Sq.Ft.
For Sale
$649,900 Get Pre-Qualified
Map preview of 727 Martin Luther King Jr Ave, Long Beach, CA 90813

Property Overview: 727 Martin Luther King Jr Ave Long Beach, CA has 2 bedrooms, 2 bathrooms, 1,040 living square feet and 2,132 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fantastic Investment Opportunity or Ideal for a Family! This property offers tremendous versatility: live in one unit and rent out the other, or rent out both units for maximum income potential. Each of the two well-maintained units features 1,040 SqFt of living space and includes a kitchen with dining area, one bedroom, and one full bathroom. The units share a wall and have laundry hookups conveniently located outside. The property benefits from separate electric, gas, and water meters for each unit, ensuring easy management and independence. Located just a few blocks from the ocean, you’ll be close to Shoreline Village and the picturesque Pine Avenue Pier. Enjoy the vibrant Downtown Long Beach, with its charming coffee shops, diverse dining options, shopping, and parks, all within a short distance. With the 710 Freeway nearby, accessibility is a breeze. Don’t miss out on this rare opportunity—contact us today to schedule a private showing!

Listed by Araceli Tacuba | BRE #02075664 | JohnHart Corp
Last checked: 2 minutes ago | Last updated: September 14th, 2024 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
2,132
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Duplex
Status
Active
MLS#
DW24187121
City
Long Beach
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Open Houses for 727 Martin Luther King Jr Ave

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Property Details for 727 Martin Luther King Jr Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Tile
  • Kitchen, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Range Hood
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7274020025
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Heller & Hayes Tract
  • Directions: In between E 8th St and E 7th St
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 727 Martin Luther King Jr Ave

Last sold for $57,000 on December 2nd, 1996

  • September, 2024

  • Sep 9, 2024

    Date

    Active

    CRMLS: DW24187121

    $649,900

    Price

  • December, 1996

  • Dec 2, 1996

    Date

    Sold (Public Records)

    Public Records

    $57,000

    Price

Show More

Tax History for 727 Martin Luther King Jr Ave

Assessed Value (2020): $252,715
Year Land Value Improved Value Assessed Value
2020 $142,548 $110,167 $252,715

Home Value Compared to the Market

This property vs the competition

727 Martin Luther King Jr Ave is listed 16.68% lower than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $624.9 per/sqft which puts the price per square foot 3.27% lower than the median price per square foot for the city of Long Beach.

About 727 Martin Luther King Jr Ave

Detailed summary of property

727 Martin Luther King Jr Ave is a duplex located in Long Beach, CA 90813 and is currently for sale. This duplex offers 2 bedrooms, 2 bathrooms, roughly 1,040 living square feet, and sits on an approximately 2,132 square foot lot. 727 Martin Luther King Jr Ave was first listed on ArdentRealEstateGroup.com on September 10, 2024. The homeowner is currently asking $649,900. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 16.68% lower than the median priced home. Local competing homes currently for sale include 1503 E 109th St, 734 E 112th St and 340 W 119th St. While the average home in Long Beach, CA is selling in 62 days, 727 Martin Luther King Jr Ave has a days on market of 9 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 727 Martin Luther King Jr Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 727 Martin Luther King Jr Ave

Public county record property details
Beds
2
Baths
2
Year built
1932
Sq. Ft.
1,040
Lot Size
2,131
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7274-020-025

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Long Beach Agent
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(714) 706-1823

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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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