2521 E 7th Street, Property Listing: MLS® #PW24222928

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.

2521 E 7th Street, Property Listing: MLS® #PW24222928 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW24222928
  • 2521 E 7th Street
  • , CA 90804
  • $2,500,000
  • 0.17 Acres
  • Office: Morgan Skenderian

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.

Supplemental Remarks

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Essential Information

  • MLS® #PW24222928
  • Listing Price$2,500,000
  • Original Listing Price$2,500,000
  • Date ListedOctober 28th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.17
  • Lot Sq.Ft.7,322
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$169

Community Information

  • Address2521 E 7th Street
  • AreaLONG BEACH (90804)
  • CountyLos Angeles
  • StateCA
  • Zip Code90804

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on November 26th, 2024 at 11:38pm PST.