$1,850,000
For Sale

1930 E 7th Street

Long Beach, CA 90813
0.14 acres | #PW24222871
Listing OfficeMorgan Skenderian
Browse 11 photos
Type:Multi-Family
Structure:House
Zone:Residential

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

Amber RomoReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

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.

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