2415 E 7th St
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2415 E 7th St
5 Unit Apartment Building $1,450,000 ($290,000/Unit) Long Beach, CA 90804
Investment Highlights
- 7 blocks to beach
- onsite laundry room
- 2 car garage plus 2 off street parking spaces
Executive Summary
5 UNIT APARTMENT BUILDING IN PRIME EAST SIDE LOCATION. FRONT HOUSE IS A 2 BED/2 BATH WITH A 2 CAR GARAGE AND ADDITIONAL 2 UNCOVERED PARKING SPACES. BACK BUILDING IS A 4 UNIT CONSISTING OF STUDIOS AND ONE BEDROOMS. ONSITE LAUNDRY ROOM BRINGS IN ADDITIONAL INCOME. GREAT RENTAL MARKET 7 BLOCKS TO THE BEACH, CLOSE TO CSULB AND 4TH STREET RESTAURANTS AND SHOPPING. HURRY THIS PROPERTY WON'T LAST LONG!
Property Facts
Price | $1,450,000 | Building Class | C |
Price Per Unit | $290,000 | Lot Size | 0.11 AC |
Sale Type | Investment | Building Size | 3,133 SF |
No. Units | 5 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 1 |
Property Subtype | Apartment | Year Built | 1923 |
Apartment Style | Low Rise | Opportunity Zone |
Yes
|
Price | $1,450,000 |
Price Per Unit | $290,000 |
Sale Type | Investment |
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.11 AC |
Building Size | 3,133 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1923 |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walk-Up
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 3 | $1,700 | - |
1+1 | 1 | $1,943 | - |
2+2 | 1 | $2,500 | - |
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Number | 7262-020-012 | Improvements Assessment | $750,540 |
Land Assessment | $722,014 | Total Assessment | $1,472,554 |
PROPERTY TAXES
Parcel Number
7262-020-012
Land Assessment
$722,014
Improvements Assessment
$750,540
Total Assessment
$1,472,554
zoning
Zoning Code | LBCNR |
LBCNR |
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2415 E 7th St
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