2 months on rocket

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

$1,595,000

Home List Price

$10,000*

Closing Credit

10 Baths
4,600 SqFt
$347/SqFt
House

Location

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851 Martin Luther King Jr Ave, Long Beach$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingConcrete
HeatingCentral
MLS #24457289
Lot Size0.13 Acres
StatusActive

About 851 Martin Luther King Jr Ave

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

Property Features

Property Information:

  • Stories: 2
  • Living Area: 4,600 SqFt

Listing Office:

  • Office Name: Shirvan Group Inc
  • Office Phone: (818) 822-6026
  • Listing Agent: Ben Shirvanian

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: 710 Fwy, Exit Anaheim E, Left on MLK

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $347/SqFt

Tax Information:

  • Annual Amount: $6,582
  • 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

851 Martin Luther King Jr Ave vs Long Beach

61 DAYS ON ROCKET

+26 Days

$1,595,000

+$769.8K More

$347/SqFt

-$287 Less

KEY TAKEAWAY

This property is $769.8K more than the Median Sold Price and $287/SqFt less than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24457289

Listing Office:

  • Office Name: Shirvan Group Inc
  • Office Phone: (818) 822-6026
  • Listing Agent: Ben Shirvanian

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: 12/28/2024, 3:21:02 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

Sep 25, 2013Home Sold
$350,000
Aug 08, 2006Home Sold
$470,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,582$520,939
2020$4,412$336,261
2019$4,287$329,669
2018$4,242$323,206
2017$4,242$316,870

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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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-1919270
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-1919271
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-1919272
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.56 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. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 851 Martin Luther King Jr Ave

What is the listing price of this property?

The listing price of 851 Martin Luther King Jr Ave property is $1,595,000.

What type of property is this?

The property 851 Martin Luther King Jr Ave is a house located in Long Beach, California, 90813.

Is this property for sale now?

Active Listing: 851 Martin Luther King Jr Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,582 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 25, 2013 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 851 Martin Luther King Jr Ave has 10 bathrooms..

What is the square footage of this property?

The property 851 Martin Luther King Jr Ave is 4,600 SqFt (source: MLS/tax record).

Rocket Homes›California›Los Angeles County›Long Beach›90813›851 Martin Luther King Jr Ave

This home is located at 851 Martin Luther King Jr Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This 4,600 square foot home sits on a 0.13 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $1,595,000.

In November 2024 more than 66 listings in Long Beach, CA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 64 were sold below. The inventory of homes for sale in Long Beach, CA between October 2024 and November 2024 decreased 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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