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.
Property Details
Price:
$1,850,000
MLS #:
PW24222871
Status:
Active
Baths:
0
Address:
1930 E 7th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Oct 28, 2024
State:
CA
ZIP:
90813
Lot Size:
6,227 sqft / 0.14 acres (approx)
Year Built:
1943
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
0.00
Lot Features
Rectangular Lot
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1930 E 7th Street Long Beach CA
- Area699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
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Courtesy of Morgan Skenderian. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1930 E 7th Street
Long Beach, CA
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