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 $232.42 and $217,500 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.
For sale
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
Price cut: $120K (5/19)
$2,175,000
2521 E 7th St, Long Beach, CA 90804
24beds
17baths
9,358sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
Well-appointed unitsElectrical panelsNewer windows
- 280 days
- on Zillow |
- 125 |
- 3 |
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