Log In/Sign Up
1047 E 7th St
Long Beach, CA 90813
3.70% Assumable Loan | 0.5% Assumption Fee · Multifamily Property For Sale
·
15 Units
Investment Highlights
- Assumable Loan @ 3.70% I/O through 2030 - 0.5% Assumption Fee
- 7.62% Current Cash on Cash / 9.73% Market Cash on Cash
- 10 Garages with Strong ADU Potential
- 11.72 GRM / 5.77% Cap Rate on Current Rents
- Controlled Building with On-Site Laundry
- Desirable Prime N. Alamitos Beach Location
Property Facts
| No. Units | 15 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 19,460 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | ||
| Zoning | LBR4N | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 19,460 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | LBR4N |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | - |
| 2+2 | 1 | - | - |
Property Taxes
| Parcel Number | 7266-005-027 | Improvements Assessment | $686,602 |
| Land Assessment | $191,600 | Total Assessment | $878,202 |
Property Taxes
Parcel Number
7266-005-027
Land Assessment
$191,600
Improvements Assessment
$686,602
Total Assessment
$878,202
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
