1218 Martin Luther King Jr. Ave , Long Beach, CA 90813
$1,500,500
Est. Payment: $7,947.63/mo
0 Bed
0 Bath
3233 Sqft
Status: Active | Days on site: 7
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PB22478 - PWHARMAR
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House Description

Welcome to 1218 MLK Jr. Ave, a strategically located mixed-use property offering an exciting opportunity for investors, business owners, and entrepreneurs looking to establish a presence in a dynamic and culturally rich area of Long Beach. Positioned near Cambodian Town, this property benefits from its proximity to a vibrant community known for its diverse businesses, restaurants, services, and cultural destinations. The surrounding area provides a strong neighborhood presence and convenient access to a variety of retail, dining, residential, and commercial amenities, creating an appealing environment for businesses seeking visibility and accessibility. The property's mixed-use character provides flexibility for a variety of potential business concepts and investment strategies, subject to applicable zoning and permitted uses. Whether you're looking to occupy the property for your own business, create a destination for customers and clients, or explore its potential as part of a broader investment portfolio, 1218 MLK Jr. Ave presents an opportunity to bring your vision to life in an established and highly accessible location. Examples: Multiple-unit housing, Single-unit housing, Group housing, Day-care facilities, etc

Highlights

Listed by Marlies Harris , 562-879-6196 Trends RE Inc. , 562-342-6044. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.16

County

Los Angeles

Area

699 - Not Defined

Listing ID

PW26203135

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Others:
  • Additional:2+ Total Units
Principal Interest
$7,948
Taxes
$957

Home Price

$1,500,500

Loan Details

30 yrs
6.952%

Down Payment

20%
$300,100
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,947.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,947.63 $956.57 $0.00 $8,904.20
Yearly $95,371.58 $11,478.82 $0.00 $106,850.41
Total $2,861,147.46 $344,364.75 $0.00 $3,205,512.21

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Current Listings

Last 30 Days
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Sep 2026

Average Price

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Average Days on Market

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Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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