2521 East 7th Street
$2,500,000
16
16
9,358
9,358
$267
Description
Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative...Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.
- Listed by Rick Applebaum • DRE #01273871 • Brokerage DRE #01220368 • Morgan Skenderian • rma@morganskenderian.com
Property Details for 2521 East 7th Street
Parking Spaces Total
5
Private PoolNo
Total Units10.0
Building TypeDetached
Lot Size SourceAssessor
Living Area9358
Assessor Parcel Number7262-019-023
Property Attached YNfalse
LISTING UPDATED: 10/28/2024 09:39 AM
Property Details for 2521 East 7th Street
Status | Active |
---|---|
MLS # | PW24222928 |
Days on Market | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
County | Los Angeles County |
Building Information for 2521 East 7th Street
Building/Complex2521 E 7th StFloor-Stories2Residences-Pet Policy-Year Built1963Building Size-
Property Information for 2521 East 7th Street
Property History for 2521 East 7th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2521 East 7th Street
Taxable ValueLand$221,584Additions$388,775Total$610,359
Tax Record2024$9,662 ($805 / month)
Home Facts
Total Finished SqFt9,358 SqFtAbove Grade Finished SqFt9,358 SqFtLot Size7,322 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLBCNRCountyLOS ANGELESAPN7262-019-023
Schools near 2521 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 |
---|---|---|
Willard Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.