REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,695,000
Est. payment /mo
Price Dropped by $155K
1930 E 7th ST Long Beach, CA 90813
6,229 Sqft Lot
UPDATED:
01/31/2025 02:07 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24222871
HOA Y/N No
Year Built 1943
Annual Tax Amount $22,591
Lot Size 6,229 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LBCNR
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266023027
Energy Description 2228.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Rick Applebaum • Morgan Skenderian • [email protected]