Skip To Content

2521 E 7th Street

Long Beach, CA 90804
  • $2,295,000
  • STATUS: ACTIVE
  • ON SITE: 149 Days
  • ID#: PW24222928
UPDATED: 36 min ago
$2,295,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 $245.24 and $229,500 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. 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 $245.24 and $229,500 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.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.callstein.com/homes/157276993
Print Image

2521 E 7th Street Long Beach, CA 90804

  • Price: $2,295,000
  • Status: ACTIVE
  • On Site: 149 Days
  • Updated: 36 min ago
  • ID#: PW24222928
7
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Long Beach (90804)
County:
Los Angeles
Area:
Long Beach (90804)
Property Description
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 $245.24 and $229,500 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. 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 $245.24 and $229,500 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.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Actual Cap Rate 4.65 Annual Expense Actual 61130 Buildings 1 Cfd Mello Roos Fee 2038.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.27 Gross Scheduled Income Actual 172980 Monthly Total Fees 169 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1175.0 Unit2 Rent Actual 1305.0 Unit3 Rent Actual 1545.0 Unit4 Rent Actual 1305.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Rick Applebaum of Morgan Skenderian: . Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306297646-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306297646-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306297646-1.jpg
Logo
Keller Williams Realty La Jolla
7817 Ivanhoe Ave.
La Jolla CA, 92037