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!
Sold for $599,900
Listed by: JohnHart Corp • Araceli Tacuba • Contact: 562-326-0171
Bought with: Sunrise Realty & Home Loan
$599,900
727 Martin Luther King Jr Ave, Long Beach, CA 90813
2beds
2baths
1,040sqft
Duplex
Built in 1932
-- sqft lot
$611,000 Zestimate®
$577/sqft
$2,396 Estimated rent
Home value
$611,000
$556,000 - $672,000
$2,396/mo
Zestimate® history
Owner options
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$2,396/mo
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$2,396/mo
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$3,830/mo
Est. payment
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$3,830/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Araceli Tacuba DRE #02075664 562-326-0171,
JohnHart Corp
Bought with:
Maria Fernandez, DRE #01201245
Sunrise Realty & Home Loan
Source: CRMLS,MLS#: DW24187121
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Rooms
- Room types: Kitchen, Living Room, Other
Other
- Features: Walk-In Closet(s)
Appliances
- Included: Range Hood
- Laundry: Outside
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,040
- Total interior livable area: 1,040 sqft
Property
Parking
- Parking features: On Street
Features
- Entry location: Front door of each unit
- Pool features: None
Lot
- Size: 2,132 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7274020025
- Zoning: LBR4R
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: Heller & Hayes Tract
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $577/sqft
- Tax assessed value: $600,000
- Annual tax amount: $8,018
- Date on market: 9/9/2024
- Cumulative days on market: 72 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2025 | Listing removed | $1,800$2/sqft |
Source: CRMLS #DW25047058 Report a problem | ||
| 4/1/2025 | Price change | $1,800-5.3%$2/sqft |
Source: CRMLS #DW25047058 Report a problem | ||
| 3/9/2025 | Price change | $1,900-5%$2/sqft |
Source: CRMLS #DW25047058 Report a problem | ||
| 3/4/2025 | Listed for rent | $2,000$2/sqft |
Source: CRMLS #DW25047058 Report a problem | ||
| 2/23/2025 | Listing removed | $2,000$2/sqft |
Source: CRMLS #DW24255794 Report a problem | ||
| 1/29/2025 | Price change | $2,000-4.8%$2/sqft |
Source: CRMLS #DW24255794 Report a problem | ||
| 1/25/2025 | Listed for rent | $2,100$2/sqft |
Source: CRMLS #DW24255794 Report a problem | ||
| 1/17/2025 | Listing removed | $2,100$2/sqft |
Source: CRMLS #DW24255794 Report a problem | ||
| 12/31/2024 | Listed for rent | $2,100$2/sqft |
Source: CRMLS #DW24255794 Report a problem | ||
| 12/24/2024 | Sold | $599,900$577/sqft |
Source:  CRMLS #DW24187121 Report a problem | ||
| 11/21/2024 | Contingent | $599,900$577/sqft |
Source: CRMLS #DW24187121 Report a problem | ||
| 11/19/2024 | Pending sale | $599,900$577/sqft |
Source: JohnHart Real Estate #DW24187121 Report a problem | ||
| 11/4/2024 | Price change | $599,900-3.2%$577/sqft |
Source: CRMLS #DW24187121 Report a problem | ||
| 10/14/2024 | Price change | $620,000-4.6%$596/sqft |
Source: CRMLS #DW24187121 Report a problem | ||
| 9/10/2024 | Listed for sale | $649,900+1040.2%$625/sqft |
Source: CRMLS #DW24187121 Report a problem | ||
| 12/2/1996 | Sold | $57,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,018 +119.8% | $600,000 +121.4% |
| 2024 | $3,649 +1.8% | $270,958 +2% |
| 2023 | $3,582 +6.4% | $265,646 +2% |
| 2022 | $3,366 +2.3% | $260,438 +2% |
| 2021 | $3,291 +0.3% | $255,332 +1% |
| 2020 | $3,282 | $252,715 +2% |
| 2019 | $3,282 +4.5% | $247,760 +2% |
| 2018 | $3,140 | $242,903 +2% |
| 2017 | $3,140 +1.1% | $238,141 +2% |
| 2016 | $3,105 +7.5% | $233,473 +1.5% |
| 2015 | $2,888 +4.6% | $229,967 +2% |
| 2014 | $2,761 | $225,464 +2.5% |
| 2012 | -- | $220,046 +2% |
| 2011 | -- | $215,733 +0.8% |
| 2010 | -- | $214,122 -0.2% |
| 2009 | -- | $214,631 +2% |
| 2008 | -- | $210,424 +2% |
| 2007 | -- | $206,299 +2% |
| 2006 | -- | $202,255 +197.8% |
| 2005 | -- | $67,924 +4% |
| 2004 | -- | $65,289 +1.9% |
| 2003 | -- | $64,094 +2% |
| 2002 | -- | $62,838 +4% |
| 2000 | -- | $60,400 |
Find assessor info on the county website
Neighborhood: East Village
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Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$611,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$611,000
- California
- Los Angeles County
- Long Beach
- 90813
- East Village
- 727 Martin Luther King Jr Ave
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