$995,000 - 324 W 7th Street, Long Beach

  • 1Beds
  • 1Baths
  • 2,808SQ. Feet
  • 0.05Acres

Four 1 bed 1 baths, 2808 Sq. Ft. in downtown Long Beach near the convention center, Queen Mary, restaurants, shopping, etc. Annual business income: $99,000, Expenses Includes New Taxes Based off Asking Price : $23,400. NOI: $75,600 Cap Rate with Business: 7.56%. Business is included with sale or if one does not want the transitional business, owner can deliver vacant.

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Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:OC20245589
  • Price:$995,000
  • Bedrooms:1
  • Bathrooms:1.00
  • Square Footage:2,808
  • Acres:0.05
  • Year Built:1949
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:324 W 7th Street
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Downtown (DT)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Exterior

  • Lot Description:Lot-Level/Flat

Additional Information

  • Date Listed:November 23rd, 2020
  • Days on Market:55
  • Zoning:LBPD10

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Provided By: Tony Morrison(01346460), Lantern Bay Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of January 18th, 2021 at 4:47pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.