2009 E 7th Street

Long Beach, CA 90804

  • 0 Bed(s)
  • 0 Bath(s)
  • 17,730 Sqft
  • 12196
    Sqft(Lot)
$4,499,000

Description

This is a 26-unit value-add mixed-use offering in long beach. the two-building property, which totals approximately 17,730 square feet, is in the historic rose park district on the northeast corner of 7th street and cherry avenue. it comprises 8 retail spaces, one studio, 12 one-bedroom apartments, and 5 two-bedroom apartments.

with approximately 20% rental upside to capture, with some renovations and operational improvements, the asking price of $4,995,000 presents an attractive stabilized capitalization rate exceeding 6% on a prime corner location.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49654263

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer,Sewer Tap Paid

  • Building Information

    • Year Built: 1959
    • Building Area Total: 17,730

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.28
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12196

  • Listing Price Information

    • Original List Price: 4,499,000
    • Listing Contract Date: 2025-05-05

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7262024021

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 3 - Eastside, Circle Area
    • Postal Code Plus 4: 4590
    • Directions: NEC 7th Street & Cherry Avenue
    • Zoning: LBCCA
    • Source Property Type: Residential Income
    • Area: 3 - Eastside, Circle Area
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 66
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 07/05/2025 @ 17:47

  • MLS: OC25101601
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 17,730 sqft, 12,196 sized lot, and 0 parking. are nearby neighborhoods.