1930 East 7th Street
$1,850,000
4
10
5,406
5,406
$342
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...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.
- Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
- Listed by Damien Breaux • DRE #01460301 • Brokerage DRE #01220368 • Morgan Skenderian
Property Details for 1930 East 7th Street
Parking Spaces Total
0
Private PoolNo
Total Units8.0
Building TypeDetached
Lot Size SourceAssessor
Living Area5406
Assessor Parcel Number7266-023-027
Property Attached YNfalse
LISTING UPDATED: 10/28/2024 09:04 AM
Property Details for 1930 East 7th Street
Status | Active |
---|---|
MLS # | PW24222871 |
Days on Market | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1943 |
County | Los Angeles County |
Building Information for 1930 East 7th Street
Building/Complex1930 E 7th StFloor-Stories2Residences-Pet Policy-Year Built1943Building Size-
Property Information for 1930 East 7th Street
Property History for 1930 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1930 East 7th Street
Taxable ValueLand$176,685Additions$237,771Total$414,456
Tax Record2024$6,683 ($557 / month)
Home Facts
Total Finished SqFt5,406 SqFtAbove Grade Finished SqFt5,406 SqFtLot Size6,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1943ZoningLBCNRCountyLOS ANGELESAPN7266-023-027
Schools near 1930 East 7th Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Burbank Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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