$2,995,000 - 2823 E 7th Street, Long Beach

  • 0Beds
  • Baths
  • 6,360SQ. Feet
  • 0.16Acres

Excellent Rose Park location, close to Retro Row, Belmont Heights and Alamitos Beach. Extensively renovated property including newer roof, windows, electrical panels, controlled access, exterior refresh, landscaping, common areas, and lighting. 4 out of 10 unit interiors with deluxe upgrades including modern kitchens and bathrooms. Stabilized asset at a 4.3% cap rate on actual rents, plus an additional 5% upside to income. 4 garages plus 4 off street parking spaces. Community laundry facility for extra income. Great unit mix with 4 two bedroom units and 6 one bedroom units. Very close to trendy Retro row with vintage stores, gastropubs, and cafes.

Sales Agent

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

Essential Information

  • MLS® #:SB19180854
  • Price:$2,995,000
  • Bathrooms:0.00
  • Square Footage:6,360
  • Acres:0.16
  • Year Built:1954
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:2823 E 7th Street
  • Area:Eastside, Circle Area (3)
  • Subdivision:Eastside (ES)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90804

Amenities

  • Parking Spaces:8
  • # of Garages:4

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Near Public Transit

Additional Information

  • Date Listed:July 30th, 2019
  • Days on Market:46
  • Zoning:LBCNR

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Belmont Shore (bsd)

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Provided By: Anthony Walker(01908153), Buckingham Investments, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of September 15th, 2019 at 7:27pm 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.