Long Beach, CA 90804,2521 E 7th ST
Long Beach, CA 90804,2521 E 7th ST
Long Beach, CA 90804,2521 E 7th ST
10
$2,035,000
$2,175,000
6.4%
Est.Price: ?

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7,322 Sqft Lot

2521 E 7th ST Long Beach, CA 90804

Est. payment /mo
SOLD DATE : 11/05/2025

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Key Details

Sold Price $2,035,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24222928

Year Built 1963

Annual Tax Amount $29,101

Lot Size 7,322 Sqft

Property Sub-Type Apartment

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

Area 699 - Not Defined

Interior

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com
Bought with Austin Carr Realty One Group United

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Jacqui Larson

Jacqui Larson

Broker Associate | License ID: 01407829

+1(760) 585-5437

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