fbpx

9 am to 6 pm

Monday to Friday

1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

Price Range: From to

Compare Listings

16 Units in Long Beach

721 E 7th St, Long Beach, CA 90813, USA
Sold for$3,305,000$206,562/Per Unit

Description

PROPERTY HIGHLIGHTS

    • (11) 1-Bed & (5) Studio Units
    • 2 Separate Buildings on 1 Lot; a 12-Unit Complex and a 4-Unit Complex
    • Excellent Long Beach Location in Proximity to Downtown, Metro Station, and Restaurants/Shops
    • Current GRM: 14.36 | Current Cap Rate: 4.62%
    • Tremendous 34%+ Upside in Rental Income!
  • Address: 721 E 7th St
  • City: Long Beach
  • State/county: California
  • Zip/Postal Code: 90813
  • Country: United States

Detail

Updated on June 20, 2022 at 8:33 am

  • Price: Sold for $3,305,000
  • Property Size: 10464 SqFt
  • Land Area: 7501 SqFt
  • Year Built: 1923
  • Property Type: Multi Family
  • Property Status: Sold

Additional details

  • # of Units: 16
  • Unit Mix: 11 (1+1), 5 (0+1)
  • Zoning: LBCO

WalkScore

walkscore91 / Walker's Paradise more details here

Contact info

Deepen Shah
Deepen Shah
(626) 427-0798(909) 568-5200
Kristopher German
Kristopher German
(626) 427-0786(909) 645-0443
Facebook Twitter Youtube

Enquire about this property

    Do You Own Multi-Family Properties?
    NoYes

    Are You an Agent?
    NoYes