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Sold for $1,525,000 on 06/30/25
  • Listing Provided by: 

    Rick Applebaum DRE #01273871 rma@morganskenderian.com,

    Morgan Skenderian,

    Damien Breaux DRE #01460301 949-662-2916,

    Morgan Skenderian

    $1,525,000

    1930 E 7th St, Long Beach, CA 90813

    16beds
    10baths
    5,406sqft
    Multi Family
    Built in 1943
    -- sqft lot
    $1,510,700 Zestimate®
    $282/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 04:27pm

    Listing Provided by:

    Rick Applebaum DRE #01273871 rma@morganskenderian.com,

    Morgan Skenderian,

    Damien Breaux DRE #01460301 949-662-2916,

    Morgan Skenderian

    Bought with:

    Austin Carr, DRE #01986298

    Realty One Group United

    Source: CRMLS,MLS#: PW24222871MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 10
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,406
    • Total interior livable area: 5,406 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,227 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 7266023027
    • Zoning: LBCNR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Long Beach

    HOA & financial

    Other financial information
    • Total actual rent: 10650

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability
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    Estimated market value

    $1,510,700