2521 E 7th ST new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,358 sqft
Price per Sqft $267
MLS Listing ID PW24222928
Year Built 1963
Annual Tax Amount $33,145
Lot Size 7,322 Sqft
Property 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 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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs,Gutter(s),Sidewalks
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard