2521 E 7th Street
Long Beach, CA, 90804
$2,500,000
Beds
0 Baths
SqFt
0.17 Acres
Add
Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 &#38' 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.

Property Details

Price:
$2,500,000
MLS #:
PW24222928
Status:
Active
Baths:
0
Address:
2521 E 7th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Oct 28, 2024
State:
CA
ZIP:
90804
Lot Size:
7,322 sqft / 0.17 acres (approx)
Year Built:
1963
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
5.00
Lot Features
Lot 6500-9999
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Map

Community

Similar Listings Nearby

2521 E 7th Street
Long Beach, CA