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4117 E 7th St
Long Beach, CA 90804
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Value-Add Opportunity with over 40% Upside Potential
- Attractive Mix of One and Two Bedroom Units
- Prime Belmont Heights Location - #3 Best Neighborhood in Long Beach
- 1960's Construction Provides Favorable Conditions for Renovations
- Close Proximity to Cal State Long Beach, Providing a Solid Rental Pool
- Near Recreation Park Golf Course, Alamitos Bay and other Recreational Areas
Property Facts
| No. Units | 16 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 12,760 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | CCA, Long Beach - Community Automobile-Oriented District | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 12,760 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | CCA, Long Beach - Community Automobile-Oriented District |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,091 | - |
| 2+1 | 9 | $1,619 | - |
Property Taxes
| Parcel Number | 7254-021-032 | Improvements Assessment | $1,800,000 |
| Land Assessment | $3,200,000 | Total Assessment | $5,000,000 |
Property Taxes
Parcel Number
7254-021-032
Land Assessment
$3,200,000
Improvements Assessment
$1,800,000
Total Assessment
$5,000,000
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