2521 East 7th Street

2521 East 7th Street, Long Beach, CA 90804

  • For Sale $2,500,000
  • Property Type Multi-Family
  • Property Size 9,358 SF
  • Units 10
  • Lot Size 0.17 Acre
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Nov 18, 2024
Discover the vibrant and diverse community surrounding the property in Long Beach, CA. This bustling area offers easy access to the stunning coastline, trendy eateries, and cultural hotspots, making it a prime location for multifamily investments. Residents can explore the historic Belmont Shore neighborhood, enjoy recreational activities at Junipero Beach, and immerse themselves in the thriving arts scene at the Long Beach Museum of Art. Nearby attractions such as the Queen Mary, Bluff Park, and lively East Village Arts District ensure a dynamic and engaging atmosphere for tenants. The area's combination of urban convenience and coastal charm presents an enticing opportunity for low-rise/garden investors seeking a desirable location with an array of attractions.Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.

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Highlights

  • Incredible Unit Mix Consisting of 1, 2 & 3-Bedrooms
  • Price at $267.15/SF and $250,000/Unit
  • Added Value Opportunity – Projected ±85% in Rental Upside
  • Long Term Ownership – Motivated Sellers
  • Newer Windows, Electrical Panels & Railings

Contacts

broker

Damien Breaux

Morgan Skenderian Investment Real Estate Group

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    49/100 Some Transit

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Long Beach, CA
  • Neighborhood Rose Park
  • Zip Code 90804
  • Market Los Angeles

Points of Interest

  • 5th Street

    1.60 miles

  • Anaheim Street

    1.65 miles

  • Pacific Coast Highway

    1.86 miles

  • Pacific Avenue

    1.86 miles

  • Wardlow

    3.64 miles

  • Del Amo

    5.74 miles

  • ARCO

    0.42 miles

  • SB gas

    0.51 miles

  • Chevron

    0.56 miles

  • Mobil

    0.73 miles

  • USA gas

    1.08 miles

  • Arco

    1.19 miles

  • Speedway Express

    1.20 miles

  • Shell

    1.36 miles

  • Blink Charging Station

    1.57 miles

  • eVgo

    1.88 miles

  • Long Beach Transit

    0.69 miles

  • P2

    1.20 miles

  • Lot 7 staff

    1.25 miles

  • Lot 10

    1.30 miles

  • Lot 3 Staff

    1.30 miles

  • Lot 1

    1.32 miles

  • "JJ"

    1.34 miles

  • Lot 2

    1.36 miles

  • Lot 4 Staff

    1.36 miles

  • Lot 9 Staff

    1.38 miles

  • Royal Inn Motel Long Beach

    0.55 miles

  • Coast Motel

    0.97 miles

  • Long Beach Motel

    0.98 miles

  • Long Beach Inn

    0.98 miles

  • Cherry Motel

    1.00 miles

  • Monterey Motel

    1.02 miles

  • Argonne Motel

    1.02 miles

  • Quality Inn Near Long Beach Airport

    1.10 miles

  • Quality Inn Long Beach - Signal Hill

    1.11 miles

  • Travel King Motel

    1.12 miles

  • Louisiana Fried Chicken

    0.08 miles

  • Haskell's Prospector

    0.09 miles

  • Thai BBQ

    0.17 miles

  • Thai Charcoal Pit

    0.20 miles

  • Rivera's

    0.23 miles

  • Golden Burger

    0.29 miles

  • El Sauz Cocina Mexicana

    0.29 miles

  • Aji

    0.31 miles

  • MVP Grill & Patio

    0.31 miles

  • Cantarito Mexican Grill

    0.34 miles

  • Burbank Elementary School

    0.27 miles

  • Willard Elementary School

    0.43 miles

  • Huntington School

    0.74 miles

  • Mann Elementary School

    0.74 miles

  • Coronado Head Start

    0.75 miles

  • Jefferson Middle School

    0.77 miles

  • Lee Elementary School

    0.84 miles

  • Franklin Middle School

    0.92 miles

  • Lincoln Elementary School

    0.96 miles

  • Fremont Elementary

    1.01 miles

  • Great Beginnings

    0.41 miles

  • A Village Child Care

    1.28 miles

  • Oak Wood Academy

    3.97 miles

  • Artesia Head Start

    6.91 miles

  • injoy life

    7.28 miles

  • Bethany Christian Preschool

    8.33 miles

  • Carden Conservatory

    8.37 miles

  • Tiny Heartz Daycare LLC

    8.38 miles

  • The Learning Box Childcare & Enrichment Center Inc

    8.55 miles

  • Anaheim Kids Academy

    9.70 miles

Frequently Asked Questions

How much does 2521 East 7th Street cost?

The space currently listed for sale at 2521 East 7th Street asks for $2,500,000.

What is the total square footage of 2521 East 7th Street?

2521 East 7th Street totals 9,358 square feet.

When was this property built?

2521 East 7th Street was built in 1963.

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Contact Listing Broker

broker

Damien Breaux

Morgan Skenderian Investment Real Estate Group