PRICE $2,595,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 6,044 sqft
LOT SIZE 11,670 sqft

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.

DAYS ON MARKET 472 LAST UPDATED 8/12/2024
TRACT Alamitos Beach (AB) YEAR BUILT 1919
COMMUNITY Downtown Area, Alamitos Beach GARAGE SPACES 6.0
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Oct 2, '23 $3,000,000
Oct 2, '23 - Jan 9, '24 $2,920,000
Jan 9, '24 - Mar 28, '24 $2,800,000
Mar 28, '24 - May 17, '24 $2,700,000
May 17, '24 - Jun 10, '24 $2,650,000
Jun 10, '24 - Today $2,595,000


ADDITIONAL DETAILS
AREA Downtown Area, Alamitos Beach
GARAGE Yes
LOT 0.27 acre(s)
LOT DESCRIPTION 11-15 Units/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Alamitos Beach (AB)
WATER Public
ZONING LBCNR
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams - Santa Monica

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/21/24 10:50 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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