$2,595,000
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E 7th Street Street Long Beach, CA 90813
Mixed Use
Residence
Beds
Baths
6,044
Sq. Ft.
0.27
Acre
Lot
Property Activity
Time on Site
days
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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 3...BD / 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.
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MLS#
PW23166122
Property Type
Mixed Use
Status
Year Built
1919
Square Feet
6,044
sq. ft
Lot Size
0.27
Stories
2.0
Sewer
Public Sewer
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