2521 7th Street, Long Beach, CA 90804
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- MLS#: PW24222928 ( Multi-Family )
- Street Address: 2521 7th Street
- Viewed: 19
- Price: $2,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 119
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90804
- Provided by: Morgan Skenderian
- Contact: Rick Rick
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DescriptionIntroducing 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.
Property Location and Similar Properties
Features
Property Type
- Multi-Family
Views
- 19