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Listed by Rick Applebaum • Morgan Skenderian
$1,695,000
Est. payment /mo
5,406 SqFt
Pending
1930 East 7th Street Long Beach, CA 90813
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,406 sqft
Price per Sqft $313
MLS Listing ID PW-24222871
Year Built 1943
Lot Size 6,227 Sqft
Property Sub-Type Apartment
Property 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.
Location
State CA
County Los Angeles
Zoning LBCNR
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer