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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

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    What's special

    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.

    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#: PW24222928MLS LogoOriginating 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
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    Estimated market value
    $2,034,900