WELCOME TO YOUR DREAM INVESTMENT PROPERTY - This stunning Classic Spanish-style building offers spacious units, a private lot, and an incredible CASH FLOW. With dream tenants in place, this property is a smart investment for any real estate portfolio. Each unit has been thoughtfully renovated in 2010, ensuring modern amenities while maintaining its 1930's charm. The units are spacious and offer plenty of light, making them desirable to the tenants. The property also features on-site laundry and another highlight is the 800 square foot garage/basement, offering endless possibilities, including more potential rental space. This is an exceptional investment that promises an excellent cash flow and a solid return on investment.
Sold for $1,535,000 on 07/19/23
Listing Provided by:
Jamee Lindberg DRE #01107487 562-493-3004,
Re/Max R. E. Specialists,
John Lindberg DRE #01010112 562-897-1113,
Re/Max R. E. Specialists
Bought with: Pacific Sotheby's Int'l Realty
$1,535,000
4201 E 7th St, Long Beach, CA 90804
9beds
6baths
3,265sqft
Quadruplex
Built in 1930
-- sqft lot
$1,589,700 Zestimate®
$470/sqft
$4,191 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 20, 2023 at 09:17am
Listing Provided by:
Jamee Lindberg DRE #01107487 562-493-3004,
Re/Max R. E. Specialists,
John Lindberg DRE #01010112 562-897-1113,
Re/Max R. E. Specialists
Bought with:
Mary Ryan, DRE #01476437
Pacific Sotheby's Int'l Realty
Sean Stanfield, DRE #01024996
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: PW23062727
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Refrigerator, Water Heater
- Laundry: Common Area
Features
- All Bedrooms Down, Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,265
- Total interior livable area: 3,265 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 4,255 sqft
- Features: 0-1 Unit/Acre, Corner Lot
Details
- Parcel number: 7241003016
- Zoning: LBCCA
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Flat,Spanish Tile
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs, Sidewalks
Location
- Region: Long Beach
- Subdivision: Belmont Heights (Bh)
HOA & financial
Other financial information
- Total actual rent: 9257
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved
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Estimated market value
$1,589,700