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Backup Offers

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

$599,900

Home List Price

$7,124*

Closing Credit

0 Baths
Multi

Location

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727 Martin Luther King Jr Ave, Long Beach$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1932
MLS #DW24187121
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 727 Martin Luther King Jr Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 1

Listing Office:

  • Office Name: JohnHart Corp
  • Office Phone: (562) 326-0171
  • Listing Agent: Araceli Tacuba

Interior Features

Interior Information:

  • Appliances: Range Hood
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Walk-In Closet(s)

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Other

Directions Information:

  • Directions: In between E 8th St and E 7th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900

Tax Information:

  • Annual Amount: $3,291
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

727 Martin Luther King Jr Ave vs Long Beach

107 DAYS ON ROCKET

+72 Days

$599,900

-$225.2K Less

KEY TAKEAWAY

This property is $225.2K less than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24187121

Listing Office:

  • Office Name: JohnHart Corp
  • Office Phone: (562) 326-0171
  • Listing Agent: Araceli Tacuba

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 1996Home Sold
$57,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,291$255,332
2020$3,241$252,715
2019$3,139$247,760
2018$3,105$242,903
2017$3,105$238,141

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1657927
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-1657928
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-1657929
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,404. Typical income of Long Beach, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90813›727 Martin Luther King Jr Ave

This home is located at 727 Martin Luther King Jr Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1932, sits on a 0.05 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $599,900.

Over 66 listings were sold over their listed price in November 2024 in Long Beach, CA. In the same period over 64 listings were sold below the listed price and 32 listings were sold for the listed price. Between October 2024 and November 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 10.6%. The median list price of listings available in November 2024 was $825,128, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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