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.
Sold for $2,035,000 on 11/05/25
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
Bought with: Realty One Group United
$2,035,000
2521 E 7th St, Long Beach, CA 90804
48beds
34baths
9,358sqft
Multi Family
Built in 1963
-- sqft lot
$2,034,900 Zestimate®
$217/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 05:45pm
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#: PW24222928
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 48
- Bathrooms: 34
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,358
- Total interior livable area: 9,358 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,322 sqft
Details
- Parcel number: 7262019023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1963
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: 14165
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,034,900