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
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $232/sqft
    $-- HOA

    What's special

    Well-appointed unitsElectrical panelsNewer windows
    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.
    280 days
    on Zillow
    |
    125
    |
    3
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