940 E Martin Luther King Jr Avenue, Long Beach, CA 90813

Local realty services provided by:ERA North Orange County Real Estate
#1
940 E Martin Luther King Jr Avenue,Long Beach, CA 90813
$775,000
  • - Beds
  • - Baths
  • 100 sq. ft.
  • Single family
  • Active
Listed by:brent musson
Office:exp realty of greater los angeles, inc.
MLS#:SB25126428
Source:CRMLS

Price summary

  • Price:$775,000
  • Price per sq. ft.:$7,750

About this home

52 UNITS BY RIGHT!!!! ...Prime 3-Parcel Development Portfolio – – – – Seize an unparalleled opportunity to develop 52 units in Downtown Long Beach with this strategically curated 3-property portfolio at 1012 E. 10th St, 1020 E. 10th St, and 640 Martin Luther King Jr Ave, Long Beach, CA 90813. This combined offering represents a rare convergence of prime urban infill land and robust state/local housing policies, positioning it for unparalleled highest and best use. In Long Beach's vibrant urban core, just a mile from its iconic waterfront, these properties reside in an area recognized for its rapid evolution as a dynamic hub for tourism, business, and essential transit. Downtown Long Beach's comprehensive plan champions a dense, mixed-use environment, prioritizing significant increases in residential and economic activity. This vision is supported by exceptional mobility, including direct access to the Metro Blue Line and high-quality bus corridors, for true walkability and

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Home facts

  • Year built:1949
  • Listing Id #:SB25126428
  • Added:34 day(s) ago
  • Updated:August 14, 2025 at 01:16 PM

Rooms and interior

  • Living area:100 sq. ft.

Structure and exterior

  • Year built:1949
  • Building area:100 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$7,750
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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