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
Similar Homes
$2,595,000
1830 1838 E 7th Street, Long Beach, CA 90813
6,044
sq ft
.27
ac
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$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.
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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