Bought with Austin Carr • Realty One Group United
$2,035,000
$2,175,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2521 E 7th Street Long Beach, CA 90804
9,358 SqFt
Key Details
Sold Price $2,035,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,358 sqft
Price per Sqft $217
MLS Listing ID CRPW24222928
Sold Date 11/05/25
HOA Y/N No
Year Built 1963
Lot Size 7,322 Sqft
Property Sub-Type Other
Source Datashare California Regional
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 $232.42 and $217,500 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
Interior
Fireplace No
Laundry Common Area
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