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$2,500,000

Beds
Unknown
sq ft
Unknown

2521 E 7th St, Long Beach, CA 90804

2521 E 7th St

Long Beach, CA 90804

  • 53 days on market
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.

Details

Property type

Apartment

Lot size

7,322 sq ft

Price per sq ft

Unknown

Year built

1963

Annual property taxes

$33,145

Price History

10/28/2024
CRMLS

CRMLS #PW24222928

Listed
$2,500,000

Schools & Community

Neighborhood: 

Rose Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 12/19/2024 at 5:10 PM

Listing updated: 12/04/2024 at 7:45 PM

Listed by: Rick Applebaum, Morgan Skenderian Phone #: (949) 251-8800

MLS: CRMLS #PW24222928

CRMLS logo

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