$2,595,000
 $13,931 est/mo Sourced by Back At You

1830 1838 E 7th Street , Long Beach, CA 90813

Long Beach, CA 90813

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Description

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.

Details

MLS#PW23166122
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1919
Days On Site432
Listing Provided ByKeller Williams - Santa Monica 310-482-2200 | Robert Stepp

Features

SQ Feet6,044
Garage6
Story(s)2
Units11
Building(s)3
ZoningLBCNR
Acreage0.27

Market Activity 90813

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 hour ago
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area4 Downtown Area | Alamitos Beach
Community NameAlamitos Beach (AB)
Listing VS Median (in Alamitos Beach (AB))
Price:
$2,595,000
low | high
Med:
$616,500
100% of Average
SqFt:
6,044
low | high
Med:
991
100% of Average
$ / SqFt:
$429
low | high
Med:
$631
3.016862436573% of Average
On Site:
432
low | high
Med:
72.000000
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 12:18:57 AM PDT