433 W 7th Street Long Beach, CA ^$ 3,888,000

433 W 7th Street

^$ 3,888,000

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433 W 7th Street

Long Beach, CA, 90813

^$ 3,888,000

Bedrooms7 Baths3.0 Sq 11,015

Monthly Estimate*

^$ 27,159

Listed by Triqor Group

433 W 7th Street, Long Beach, CA 90813 - Image 1

433 W 7th Street, Long Beach, CA 90813 - Image 2

433 W 7th Street, Long Beach, CA 90813 - Image 3

433 W 7th Street, Long Beach, CA 90813 - Image 4

433 W 7th Street, Long Beach, CA 90813 - Image 5

433 W 7th Street, Long Beach, CA 90813 - Image 6

433 W 7th Street, Long Beach, CA 90813 - Image 7

Multi-Family Home for sale in Long Beach, CA

for $3,888,000 with 7 bedrooms and 3 full baths. This 11,015 square foot home was built in 1931 on a lot size of 0.1927.

We are pleased to present the 7th Street Property. This is a one-of-a-kind apartment community with Spanish Colonial architecture which offers a historic feel for the tenants. Located on 7th Street in Long Beach, one of the area’s major thoroughfares, residents are less than mile from the beach and near many shops and restaurants. Additionally, this building is individually metered for electricity and offers a rooftop deck that overlooks downtown Long Beach. The property is comprised of seventeen spacious units each with 10-foot ceilings. 11.08 GRM and 5.8% CAP Rate on In Place Income

Multi-Family Active

Price

^$ 3,888,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1927

Year Built

1931

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24011196

Days on Market

116

Features

General

Sewer PublicSewer

Zoning LBPD10

Garage Spaces 5.0

Pool Features None

Year Built 1931

Property SubType Apartment

Gross Income 340389.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 226757.0

Operating Expense 113632.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Alamitos Beach (AB)

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Take the I-405 North Exit on CA-22 West Take East 7th St. to N. Virginia Ct. Location is on your left.

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 17

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Square Feet 8395.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 7th

Listing Terms Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 97

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 24

Property Sub Type Additional Apartment

Exterior

Lot Features RectangularLot

Water Source Public

Total Parking 5.0

Lot Size Area 8395.0

Number of Buildings 1

Spa N

Building Area Total 11015.0

Lot Size Acres 0.1927

Lot Size Units SquareFeet

Lot Size Source PublicRecords

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 433

* Excluded Features

List By

Triqor Group

Broker

(949) 756-3232

Phone

Affordability Calculator

$27,159

Per Month

Monthly Principal & Interest: $27,159
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,090,646

Percent of Sale Price 46%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$3,888,000		Listed Price

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433 W 7th Street, Long Beach, CA, 90813 is a Multi-Family Home for sale at $3,888,000 with 11,015 sqft and a lot size of 0.1927. 433 W 7th Street has 7 bedrooms, 3.0 baths, and was built in 1931. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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433 W 7th Street

Multi-Family Home for sale in Long Beach, CA

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