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Listed by Kristina Moore • The Moore Group
$ 2,625,000
Est. payment /mo
New
1271 East 7th Street Long Beach, CA 90813
10,113 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,113 sqft
Price per Sqft $259
Subdivision Eastside
MLS Listing ID PW-25185834
Year Built 1961
Lot Size 8,182 Sqft
Property Sub-Type Apartment
Property Description
PRICED TO SELL TODAY!! HUGE UNITS!! SQ. FT. OVER 10,000!! FIRST TIME BEING SOLD IN 23 YEARS! 12 UNITS IN EAST SIDE LONG BEACH. $220/ DOOR CONSISTING OF 7- 2 BED/1 BATH UNITS AND 5- BED/1 BATH UNITS. 6 GARAGES! ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY OWNER. POTENTIAL TO BE AN 8 CAP AND 9 X GROSS! CASH FLOWING FROM DAY 1! INDIVIDUALLY METERED FOR GAS AND ELECTRIC. UPSIDE IN RENTS. 3 UNITS JUST REMODELED WITH ALL NEW KITCHENS, BATHROOMS, FLOORING , TILE AND MORE. 7 BLOCKS TO THE BEACH, 5 MINUTES TO CSULB AND RESTAURANTS AND SHOPPING! GREAT RENTAL MARKET!! SOMEONE IS GOING TO GET A GREAT DEAL ON THIS PROPERTY!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBCNR
Interior
Heating Wall Furnace
Laundry Individual Room
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool None
Community Features Suburban
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944