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908 Martin Luther King Jr Ave
Long Beach, CA 90813 Downtown Long Beach

$3,500,000 USD

Apartments For Sale  •  6,540 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,540 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1923
  • Zoning R4N, Long Beach
64 Transit Score
92 Walk Score

Highlights

Turnkey Property with Updated Systems
6.10% Cap Rate / 10.47 GRM at Current Rents
May be purchased individually or combined with other Affordable deals at 718 Chestnut Avenue and/or 1228 Raymond Avenue

Amenities

  • 24 Hour Access
  • Cable Ready
  • Heating
  • Kitchen
  • Carpet
  • Smoke Detector

Public Transportation

Transit/SubwayDriveWalkDistance
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 16 min 0.9 mi
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 3.9 mi
John Wayne/Orange County 30 min - 20.9 mi
Los Angeles International 32 min - 22.1 mi
Robert Stepp 310-463-2916 Stepp Commercial
Robert Stepp 310-463-2916 Stepp Commercial