1271 E 7th Street, Long Beach, CA 90813

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Sold Price
$2,600,000
List Price
$2,625,000
Closing Date
Oct 31, 2025
Status
CLOSED
MLS#
PW25185834
Year Built
1961
Lot Size
8,182
Acres
0.19
Lot Location
11-15 Units/Acre
Days on Market
8
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Eastside (Es)

Property Description

PRICED TO SELL TODAY!! HUGE UNITS!! SQ. FT. OVER 10,000!! FIRST TIME BEING SOLD IN 23 YEARS! 12 UNITS IN EAST SIDE LONG BEACH. $220/ DOOR CONSISTING OF 7- 2 BED/1 BATH UNITS AND 5- BED/1 BATH UNITS. 6 GARAGES! ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY OWNER. POTENTIAL TO BE AN 8 CAP AND 9 X GROSS! CASH FLOWING FROM DAY 1! INDIVIDUALLY METERED FOR GAS AND ELECTRIC. UPSIDE IN RENTS. 3 UNITS JUST REMODELED WITH ALL NEW KITCHENS, BATHROOMS, FLOORING , TILE AND MORE. 7 BLOCKS TO THE BEACH, 5 MINUTES TO CSULB AND RESTAURANTS AND SHOPPING! GREAT RENTAL MARKET!! SOMEONE IS GOING TO GET A GREAT DEAL ON THIS PROPERTY!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$304,200
Operating Expense
106470

Listing courtesy of Listing Agent: Kristina Moore (kristinamooreproperties@gmail.com) from Listing Office: The Moore Group.

Listing sold by Kristina Moore from The Moore Group

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.