$2,295,000 $12,320 est/mo Sourced by Back At You
2521 E 7th Street,Long Beach, CA 90804
Long Beach, CA 90804
Description
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 & 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 $245.24 and $229,500 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.
Details
| MLS# | PW24222928 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 182 |
| Listing Provided By | Morgan Skenderian 949-251-8800 | Rick Applebaum |
Features
| SQ Feet | 9,358 |
|---|---|
| Garage | 5 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Acreage | 0.17 |
Market Activity 90804
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 699 Not Defined |
| Listing VS Median (in 90804) | |
Price: $2,295,000 low | high Med: $1,850,000 SqFt: 9,358 low | high Med: 6,927 $ / SqFt: $245 low | high Med: $267 On site: 182 low | high Med: 63.000000 | |
Listing Updated: April 24, 2025 at 4:25:23 PM PDT