10
See all 10 photos
Listed by Rick Applebaum • Morgan Skenderian
$2,295,000
Est. payment /mo
9,358 SqFt
Active
2521 E 7th Street Long Beach, CA 90804
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,358 sqft
Price per Sqft $245
MLS Listing ID CRPW24222928
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1963
Lot Size 7,322 Sqft
Property Sub-Type Other
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 $245.24 and $229,500 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 Community Facility
Building
Water Public
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