721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents.
The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building.
With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building.
With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
Property Details
Price:
$2,795,000
MLS #:
PW25229051
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Downtown DT
Neighborhood:
4
Listed Date:
Sep 30, 2025
Total Sq Ft:
10,464
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Community Features
SDW
Financial
Maintenance Fee
$11,200
Map
Community
- AddressE 7th Lot 3 Long Beach CA
- SubdivisionDowntown (DT)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- Clark Terrace CKT
- College Park CPZ
- College Park Estates CPS
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club manor CCM
- Country Club Villa CCV
- Country Square CSQ
- Crown Pointe CPT
- D’Orleans DOR
- Del Lago DL
- Downtown
- Downtown DT
- Eastside ES
- EastsideES
- Eldorado ELD
- International Towers ITT
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood City/Long Beach LCB
- Lakewood Village LKVL
- Lakewood Village LVD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Marina Pacifica MRP
- Naples NA
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- Stratford Square SQQ
- The Galaxy Towers TGT
- The Lakes TLK
- Treasure Island TI
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
Market Summary
Current real estate data for Single Family in Long Beach as of Nov 21, 2025
367
Single Family Listed
39
Avg DOM
502
Avg $ / SqFt
$1,017,776
Avg List Price
Property Summary
- Located in the Downtown (DT) subdivision, E 7th Lot 3 Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $2,795,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in Long Beach is $502. The average listing price for Single Family in Long Beach is $1,017,776.
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Courtesy of Keller Williams Realty Downey. 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 2025. California Regional Multiple Listing Service. All rights reserved.E 7th Lot 3
Long Beach, CA