1930 E 7th Street
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 6,227 sqft lot
- 1943 build
- – on site
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Listed By CRMLS_CA / Rick Applebaum / Morgan Skenderian / rma@morganskenderian.com
Last checked:
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Last updated Oct 31, 2024
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MLS# PW24222871 —
The Building
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Year Built:1943
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:5406.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:8
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Stories Total:2
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:9
Interior
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Levels:Two
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Entry Location:1
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Laundry:None
Location
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Directions:South of 8th Street and West of Cherry Ave.
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Latitude:33.77505600
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Longitude:-118.16815400
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBCNR
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Lot Features:Rectangular Lot
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Lot Size Area:6227.0000
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Lot Size Acres:0.1430
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Lot Size SqFt:6227.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5765.03
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Tax Tract:576503
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Tax Lot:4
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Tax Annual Amount:24519.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7266023027
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/28/24
Oct 28, 2024
|
Listed / Active | CRMLS_CA | $1,850,000 |