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1830 1838 E 7th Street

Long Beach, CA 90813

– beds
– baths
– sqft
11,668 sqft lot
1919 build
– on site

1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.

Listed By CRMLS_CA / Robert Stepp / Keller Williams - Santa Monica / 310-463-2916

Last checked: Checking… • Last updated Aug 31, 2024 •

MLS# PW23166122 —

The Building

Year Built:

1919
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

6044.00
Building Area Units:

Square Feet
# of Buildings:

3
Total Number Of Units:

11
Stories Total:

2
# of Separate Gas Meters:

11
# of Separate Water Meters:

1
# of Separate Electric Meters:

11

Interior

Levels:

Two
Entry Location:

1
Laundry:

Inside
Laundry:

1

Location

Directions:

Cherry Ave & E 7th St
Latitude:

33.77504700
Longitude:

-118.16909000

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LBCNR
Lot Features:

11-15 Units/Acre
Lot Size Area:

11668.0000
Lot Size Acres:

0.2679
Lot Size SqFt:

11668.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Additional Parcels Description:

7266023010
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5765.03
Tax Tract:

5765
Tax Lot:

B

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7266023009

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Alamitos Beach (AB)
Subdivision:

Alamitos Beach (AB)
Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/10/24 Jun 10, 2024	Price Changed	CRMLS_CA	$2,595,000	-2.1%
5/17/24 May 17, 2024	Price Changed	CRMLS_CA	$2,650,000	-1.9%
3/28/24 Mar 28, 2024	Price Changed	CRMLS_CA	$2,700,000	-3.6%

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This multifamily located in North Alamitos Beach, Long Beach, CA 90813 is currently for sale for $2,595,000. 1830 1838 E 7th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 439 days. 1830 1838 E 7th Street is in the North Alamitos Beach neighborhood of Long Beach and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Franklin Classical Middle School, Burbank Elementary School, and Polytechnic High School.

Listing Courtesy of: CRMLS_CA and Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of 06:19 on Nov 19.

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.