Long Beach, CA 90813,721 E 7th
Long Beach, CA 90813,721 E 7th
Long Beach, CA 90813,721 E 7th
17
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$2,795,000
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3 Beds
3 Baths
7,501 Sqft Lot
Active

721 E 7th Long Beach, CA 90813

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Mona Hermiz

Mona Hermiz

+1(619) 823-4309

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW25229051

Bedrooms 3

Lot Size 7,501 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building. With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.

Location

State CA

County Los Angeles

Zoning Assessor

Direction 7th Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7274020015

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Robert Stepp Keller Williams Realty Downey

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Fremont Elementary School

    Public | KG - 5

  • 8

    Signal Hill Elementary School

    Public | KG - 5

  • 8

    Alvarado Elementary School

    Public | KG - 5

  • 7

    Muir Academy

    Public | KG - 8

  • 7

    Chavez Elementary School

    Public | KG - 5

  • 7

    Birney Elementary School

    Public | KG - 5

  • 7

    Lafayette Elementary School

    Public | KG - 5

  • 7

    Robert Louis Stevenson Elementary School

    Public | KG - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 6

    Garfield Elementary School

    Public | KG - 5

  • 6

    Robinson K - 8 Academy

    Public | KG - 8

  • 6

    Roosevelt Elementary School

    Public | KG - 5

  • 6

    Mann Elementary School

    Public | KG - 5

  • 6

    Bryant Elementary School

    Public | KG - 5

  • 5

    Elizabeth Beth Hudson K - 8 School

    Public | KG - 8

  • 5

    Daniel Webster Elementary School

    Public | KG - 5

  • 5

    Oropeza Elementary School

    Public | KG - 5

  • 5

    Smith Elementary School

    Public | KG - 5

  • 5

    Burbank Elementary School

    Public | KG - 5

  • 5

    Nieto Herrera Elementary School

    Public | KG - 5

Middle Schools 7
  • 6

    Franklin Classical Middle School

    Public | 6 - 8

  • 6

    Jessie E. Nelson Academy

    Public | 6 - 8

  • 5

    Stephens Middle School

    Public | 6 - 8

  • 5

    Washington Middle School

    Public | 6 - 8

  • 5

    Jefferson Leadership Academies

    Public | 6 - 8

  • 0

    Regency High School

    Private | 7 - 12

  • 0

    Zinsmeyer Academy

    Private | 8 - 12

High Schools 9
  • 7

    Renaissance High School for the Arts

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 6

    Polytechnic High School

    Public | 9 - 12

  • 1

    Cabrillo High School

    Public | 9 - 12

  • 1

    Beach High-Intensive Learning Program

    Public | 9 - 12

  • 0

    Reid High School

    Public | 11 - 12

  • 0

    Educational Partnership High School

    Public | 9 - 12

  • 0

    St Anthony High School

    Private | 9 - 12

  • 0

    Long Beach Unified School District Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Mona Hermiz

Mona Hermiz

Agent | License ID: 00830649

+1(619) 823-4309

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721 E 7th