1930 E 7th Street
Long Beach, CA 90813
0.14 acres | #PW24222871
Description
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Property Details
- Lot DescriptionRectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,850,000
- MLS #PW24222871
- MLS #PW24222871
- Property SubtypeApartment
- Taxes Annual$24,519
- Cost1850000
- Utility SourcePublic
- Acres0.143
- Year Built1943
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rick Applebaum (#PAPPLRIC)
Listing Office: Morgan Skenderian (#PB8846)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.