
851 Martin Luther King jr Ave Long Beach, CA 90813
Saint Mary's NeighborhoodAbout This Home
As of January 2025Guaranteed 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.
Last Agent to Sell the Property
Shirvan Group Inc License #01190395 Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,464
Home Design
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 10 Bathrooms
- 4,600 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Microwave
- Disposal
Parking
- 6 Parking Spaces
- Driveway
Additional Features
- 5,600 Sq Ft Lot
- Central Heating
Community Details
- 2 Buildings
- 4 Units
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Lawyers Title Company | |
Grant Deed | $350,003 | Lawyers Title Company | |
Trustee Deed | $301,500 | Accommodation | |
Grant Deed | $470,000 | Commonwealth Land Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $658,000 | New Conventional | |
Closed | $451,500 | New Conventional | |
Closed | $241,000 | New Conventional | |
Closed | $245,000 | New Conventional | |
Closed | $245,000 | New Conventional | |
Previous Owner | $349,000 | Unknown | |
Previous Owner | $329,000 | Negative Amortization | |
Previous Owner | $460,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/01/2025 01/01/25 | Sold | $1,530,000 | -4.1% | $333 / Sq Ft |
12/25/2024 12/25/24 | Pending | -- | -- | -- |
10/28/2024 10/28/24 | For Sale | $1,595,000 | -- | $347 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2020 | $4,464 | $336,261 | $179,339 | $156,922 |
2019 | -- | $329,669 | $175,823 | $153,846 |
2018 | -- | $323,206 | $172,376 | $150,830 |
2016 | -- | $310,658 | $165,684 | $144,974 |
2015 | -- | $305,993 | $163,196 | $142,797 |
2014 | -- | $300,000 | $160,000 | $140,000 |
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Ben Shirvan
Shirvan Group Inc
(818) 569-4333
1 in this area
9 Total Sales
-
B
Buyer's Agent in 2025
Bao Nguyen
West Capital Real Estate
(949) 506-1942
1 in this area
3 Total Sales
Map
Source: The MLS
MLS Number: 24-457289

APN: 7274-021-037
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