$1,150,000
$1,224,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
733 E 7th ST Long Beach, CA 90813
5,414 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID PW24076609
Sold Date 01/13/25
HOA Y/N No
Year Built 1918
Lot Size 5,414 Sqft
Property Description
**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBCO
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Door-Single, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available Water Connected
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7274020018
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Jose Contreras • Coldwell Banker Quality Properties