CA > Long Beach
Long Beach, CA 90813,1830 1838 E 7th ST
Long Beach, CA 90813,1830 1838 E 7th ST
Long Beach, CA 90813,1830 1838 E 7th ST
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Robert Stepp • Keller Williams - Santa Monica
$2,595,000
Est. payment /mo
0.27 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW23166122

Originating Board California Regional MLS

Year Built 1919

Lot Size 0.268 Acres

Property Description

1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Laundry Other

Exterior

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Tax ID 7266023009

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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