1838 E 7th Street Long Beach, CA 90813
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% 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.
- Property TypeMulti-Family
- NeighborhoodAlamitos Beach (Ab)
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site292 Days
- MLS StatusActive
- MLS ID NumberPW23166122
- Home Size Source N/A
- Year Built1919
- Lot Size0.2679 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 6
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.2679
- Water Public
- Garage Spaces 6
- Zoning LBCNR
- Listing Conditions Standard
Interior Features
- Laundry Features Inside
Exterior Features
- Pool Features None
- Lot 11-15 Units/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 4 - Downtown Area, Alamitos Beach