2521 E 7Th Street

Long Beach, CA 90804 Active for $2,500,000

Overview
Map & Location
Median Values
Schools & Score
Property History
Similar Listings

Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,322 sqft

Property Facts

MLS	PW24222928
Year Built	1963
Property Type	Apartment
County	Los Angeles
Status	Active
Active	$2,500,000
Structure Size	N/A sqft
Lot Size	7,322 sqft
Beds	N/A
Baths	N/A

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.

Listing information courtesy of: Rick Applebaum, Morgan Skenderian . *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.