San Clemente - Ali Ardabili Team
1/24
Listed By: Keller Williams - Santa Monica, 310-463-2916, Robert Stepp
Local Realty Services Provided By: Keller Williams Realty Pacific Estates
Overview
What It'll Cost
Neighborhood
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$2,595,000
1830 1838 E 7th Street, Long Beach, CA 90813
6,044 sq ft
.27 ac
$2,595,000

1830 1838 E 7th Street, Long Beach, CA 90813

Estimation provided by Keller Williams Realty Inc.
6,044 sq ft
.27 ac
Active
For Sale

Property Description

1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.

Property Details

Compare This Home
Overview
Property Type
Mixed Use
Property Size
6,044 sq ft
Year Built
1919
Days on Site
564 Days
Parking
6 Parking Spaces
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $2,595,000
Principal + Interest
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Property Tax
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Home Insurance
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HOA/Condo Fee
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
06/10/2024
Price Decrease
$2,595,000
(-2.08%)
05/17/2024
Price Decrease
$2,650,000
(-1.85%)
03/28/2024
Price Decrease
$2,700,000
(-3.57%)
01/09/2024
Price Decrease
$2,800,000
(-4.11%)
10/03/2023
Price Decrease
$2,920,000
(-2.67%)
09/07/2023
Listed
$3,000,000
(+64.38%)
05/31/2017
Sold
$1,825,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$7,621
(+6.33%)
$547,120
Land 382,775 + Additions 164,345
2022
$7,167
(+2.19%)
$525,888
Land 367,912 + Additions 157,976
2021
$7,014
(+1.43%)
$525,888
Land 367,912 + Additions 157,976
2019
$6,915
(+12,472.56%)
$520,200
Land 364,140 + Additions 156,060
2017
$55
$500,000
Land 90,502 + Additions 82,528
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Ardabili and Associates
Keller Williams OC Coastal Realty
01905747

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