$2,700,000 - 1830 1838 7th Street, Long Beach

  • 10Beds
  • 8Baths
  • 0SQ. Feet
  • 0.27Acres

1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 11.40 GRM and 5.75% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.

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Sales Agent

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

Essential Information

  • MLS® #:PW23166122
  • Price:$2,700,000
  • Bedrooms:10
  • Bathrooms:8.00
  • Acres:0.27
  • Year Built:1919
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Active
  • Listing Agent:Robert Stepp
  • Listing Office:Keller Williams - Santa Monica

Community Information

  • Address:1830 1838 7th Street
  • Area:4 - Downtown Area, Alamitos Beach
  • Subdivision:Alamitos Beach (AB)
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90813

Amenities

  • Parking Spaces:6
  • # of Garages:6
  • Pool:None

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:11-15 Units/Acre

Additional Information

  • Date Listed:September 5th, 2023
  • Days on Market:235
  • Zoning:LBCNR

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 1:55am CDT. 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.