**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.
Sold for $1,150,000 on 01/13/25
Listing Provided by:
Wade Tettenburn DRE #01246595 562-400-0091,
Palazzo Realty Inc.
Bought with: Coldwell Banker Quality Properties
$1,150,000
733 E 7th St, Long Beach, CA 90813
14beds
4baths
4,842sqft
Quadruplex
Built in 1918
-- sqft lot
$1,130,700 Zestimate®
$238/sqft
$2,963 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 11:03am
Listing Provided by:
Wade Tettenburn DRE #01246595 562-400-0091,
Palazzo Realty Inc.
Bought with:
Jose Contreras, DRE #01742181
Coldwell Banker Quality Properties
Source: CRMLS,MLS#: PW24076609
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,842
- Total interior livable area: 4,842 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
Lot
- Size: 5,413 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7274020018
- Zoning: LBCO
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Unknown
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$1,130,700