$760,000
SOLD MAY 23, 2025

1470 Martin Luther King jr Ave Long Beach, CA 90813

Central Neighborhood
2 Beds
2 Baths
972 Sq Ft
3,015 Sq Ft Lot

Recently Sold

$782 Per Sq Ft

2% Below List Price

104 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Long Beach Polytechnic High School Rated A

About This Home

As of May 2025

Welcome to 1470 Martin Luther King Jr., a charming Duplex nestled just a 10 drive from the sun-kissed shores of Long Beach. This property offers an excellent investment opportunity, combining coastal living with convenience. The home features 2 units, 2 bed and 1 bath Each with ample parking. City Living at Its Best: Long Beach offers cultural events, art galleries, shopping, and entertainment—all within easy reach. Whether you're a seasoned investor or a first-time buyer that is looking to live in one and rent the other. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Charles Martin

CM & ASSOCIATES Brokerage Phone: 909-559-7518 License #01381820 Listed on: 12/12/2024

Last Buyer's Agent

Ric Castaneda

R&R ESTATES License #01178768

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 1953

Lot Details

  • 3,015 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Tax Tract Number 5020
  • Assessor Parcel Number 7268021040

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,920
  • Insurance Expense $1,320
  • Trash Expense $1,080
  • Water Sewer Expense $1,080
  • Operating Expense $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,169

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Price Per Unit: 387500
  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7268021040
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 781.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3015.00
  • Lot Size Acres: 0.0692

Multi Family

  • Electric Expense: 1920.00
  • Insurance Expense: 1320.00
  • Lot Size Area: 3015.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4798.00
  • Rent Control: Yes
  • Total Expenses: 5400.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5752.01
  • Tax Lot: 8
  • Tax Tract Number: 5020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Apr 3, 2025
Sold by
Paz Carlos E and Paz Estuardo
Bought by
Kern David John and Kern Claudia Gallarzo
Seller's Agent
Charles Martin
CM & ASSOCIATES
Buyer's Agent
Ric Castaneda
R&R ESTATES
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%
Original Mortgage
$570,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
Feb 6, 2014
Sold by
Ear Vannalee N and Ear Vannalee
Bought by
Paz Carlos
Seller's Agent
Enny Wiratiya
Century 21 On Target
Buyer's Agent
Ricky Martin
CENTURY 21 KING
List Price
$359,000
Sold Price
$325,678
Premium/Discount to List
-$33,322
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$319,778
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jul 9, 2013
Sold by
Pacifica Loan Pool One Lp
Bought by
Ear Vannalee
Seller's Agent
Bryan Cathcart
Lenders Realty
Buyer's Agent
Enny Wiratiya
Century 21 On Target
List Price
$269,000
Sold Price
$265,000
Premium/Discount to List
-$4,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.83%

Purchase Details

Closed on
Apr 16, 2013
Sold by
The Bank Of New York Mellon
Bought by
Pacifica Loan Pool One Lp

Purchase Details

Closed on
Dec 11, 2012
Sold by
Eare Saomeny
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 6, 2012
Sold by
S Savate Inc
Bought by
Mcmillin Joshua and Eare Som Rathmeny

Purchase Details

Closed on
Nov 18, 2008
Sold by
Mcmillian I Josh M and Maga View
Bought by
Savate S and Warren Stone

Purchase Details

Closed on
Jan 31, 2008
Sold by
Maga View
Bought by
Mcmillian I Josh M

Purchase Details

Closed on
Apr 5, 2007
Sold by
Eare Som Rathmeny and Eare Saomeny
Bought by
Maga View Inc and Mlk Style

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2001
Sold by
Eare Seckleng
Bought by
Eare Saomeny

Purchase Details

Closed on
Apr 1, 2000
Sold by
Eare Seckleng
Bought by
Eare Seckleng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
8.26%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Chin Vince and Toch Sophia
Bought by
Eare Seckleng

Purchase Details

Closed on
Feb 28, 1995
Sold by
Vondickersohn Laurena
Bought by
Chhin Vince and Toch Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,806
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $760,000 So Cal Title
Grant Deed $326,000 Usa National Title Co
Grant Deed $265,000 Usa Title Company
Grant Deed $154,707 First American Els
Trustee Deed $202,500 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Gift Deed -- --
Grant Deed $58,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 New Conventional
Previous Owner $324,000 New Conventional
Previous Owner $320,892 FHA
Previous Owner $319,778 FHA
Previous Owner $211,000 New Conventional
Previous Owner $190,000 Unknown
Previous Owner $86,250 No Value Available
Previous Owner $20,000 Credit Line Revolving
Previous Owner $54,806 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $760,000 -1.9% $782 / Sq Ft
12/12/2024 12/12/24 For Sale $775,000 +138.0% $797 / Sq Ft
04/02/2014 04/02/14 Sold $325,678 -9.3% $271 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $359,000 +35.5% $299 / Sq Ft
07/24/2013 07/24/13 Sold $265,000 -1.5% $221 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $269,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,169 $391,786 $180,269 $211,517
2023 $5,078 $384,105 $176,735 $207,370
2022 $4,768 $376,574 $173,270 $203,304
2021 $4,670 $369,191 $169,873 $199,318
2019 $4,601 $358,243 $164,836 $193,407
2018 $4,448 $351,219 $161,604 $189,615
2016 $4,093 $337,583 $155,330 $182,253
2015 $3,929 $332,513 $152,997 $179,516
2014 -- $265,000 $100,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24248501

California Regional Multiple Listing Service (CRMLS)

APN: 7268-021-040