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$2,500,000
55 Days On Site

2521 E 7th Street
Long Beach, CA 90804

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
9,358
SqFt
$267
/SqFt
1963
Built
County:
Los Angeles
Listed by Rick Applebaum of Morgan Skenderian [email protected]

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(562) 754-5037
2521 E 7th Street2521 E 7th Street2521 E 7th Street2521 E 7th Street
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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 $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.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
55 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,358 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1681 Acres
Year Built 
1963
MLS® Number 
PW24222928
Status 
Active
Property Tax 
$33,145
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1681
Garage 
Yes
Garage Spaces 
5
Number Of Stories 
2
Parking Spaces 
5
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
9358
Stories 
Two
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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