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Property Description

Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach’s rich real estate landscape.

Features
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: Curbs, Sidewalks, Gutters
Additional Information
Morgan Skenderian
0
PAPPLRIC
PB8846
Rick
7266023027
: Standard
Two
35

Multi-Family For Sale

1930 7th Street, Long Beach, California 90813

5,406 Sqft
$1,850,000
Listing ID #PW24222871
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PW24222871
Price : $1,850,000
Living Area : 5,406 Sqft
Lot Size : 6,227 Sqft
Year Built : 1943
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90813
Price Per Square Foot : $342
ModificationTimestamp : 2024-10-28 16:04:14
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