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4117 E 7th St
Long Beach, CA 90804

Multifamily Property For Sale · 16 Units

Investment Highlights

  • Value-Add Opportunity with over 40% Upside Potential
  • Attractive Mix of One and Two Bedroom Units
  • Prime Belmont Heights Location - #3 Best Neighborhood in Long Beach
  • 1960's Construction Provides Favorable Conditions for Renovations
  • Close Proximity to Cal State Long Beach, Providing a Solid Rental Pool
  • Near Recreation Park Golf Course, Alamitos Bay and other Recreational Areas

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.27 AC
Building Size 12,760 SF
No. Stories 2
Year Built 1962

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 $1,091 -
2+1 9 $1,619 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7254-021-032
Land Assessment
$3,468,000
Improvements Assessment
$2,040,000
Total Assessment
$5,508,000

zoning

Zoning Code CCA, Long Beach (Community Automobile-Oriented District)
CCA, Long Beach (Community Automobile-Oriented District)
  • Listing ID: 23622000

  • Date on Market: 7/7/2021

  • Last Updated:

  • Address: 4117 E 7th St, Long Beach, CA 90804

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