$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 #PW24222928
Listed
$2,500,000
Schools & Community
Neighborhood:
Rose Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
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
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