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2823 E 7th St
Long Beach, CA 90804
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 6,360 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LBCNR | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | LBCNR |
Amenities
Unit Amenities
- Ceiling Fans
- Tile Floors
- Hardwood Floors
Site Amenities
- Controlled Access
- Laundry Facilities
- Security System
About 2823 E 7TH ST , LONG BEACH, CA 90804
The East 7th Street Apartments is a garden style multifamily building. Reposition of the asset presents 24% upside through a renovation of the property. Improvements such as a modernized exterior, new garage doors, upgraded courtyard, interior remodels with full appliance packages will result in a strong return for the investor. The asset is centrally located between the Rose Park and Retro Row neighborhoods. The area features a plethora of local restaurants, boutiques, cafes and bars which creates a great market dynamic for the investment. Contact Todd Hawke for a full Marketing Package and more information.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,060 | 593 |
| 2+1 | 4 | $1,348 | 700 |
Property Taxes
| Parcel Number | 7258-017-023 | Improvements Assessment | $1,220,389 |
| Land Assessment | $2,122,416 | Total Assessment | $3,342,805 |
Property Taxes
Parcel Number
7258-017-023
Land Assessment
$2,122,416
Improvements Assessment
$1,220,389
Total Assessment
$3,342,805
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