2521 E 7th Street, Long Beach, CA

$2,175,000

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7

Beds

6

Baths

0.17

Acres

About 2521 E 7th Street

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.

Features of 2521 E 7th Street

MLS® # PW24222928
Price $2,175,000
Bedrooms 7
Bathrooms 6.00
Acres 0.17
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 2521 E 7th Street
Area LONG BEACH (90804)
City Long Beach
County Los Angeles
State CA
Zip Code 90804

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Days on Market 247
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMorgan Skenderian

Listing Map

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