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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
• Excellent Rose Park location, close to Retro Row, Belmont Heights and Alamitos Beach • Extensively renovated property including newer roof, windows, electrical panels, controlled access, exterior refresh, landscaping, common areas, and lighting • 4 out of 10 unit interiors with deluxe upgrades including modern kitchens and bathrooms • Stabilized asset at a 4.3% cap rate on actual rents plus an additional 5% upside to income • 4 garages plus 4 off street parking spaces • Community laundry facility for extra income • Great unit mix with 4 two bedroom units and 6 one bedroom units
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,823 | - |
| 1+1 | 6 | $1,560 | - |
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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