1930 E 7Th Street

Long Beach, CA 90813

$1,850,000

List Price

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bed Beds

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shower Baths

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1943

calendar_month Built

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.

Listing Information

List Price $1,850,000
Status Active
MLS PW24222871
Type Residential Income
Subtype Apartment
Year Built 1943
Lot Size 6,227
Structure Size N/A
Courtesy Of Morgan Skenderian
Listing Agent Rick Applebaum DRE#01273871
Co-Listing Agent Damien Breaux DRE#01460301

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Rick Applebaum, Damien Breaux, Morgan Skenderian . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 11:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.