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 $245.24 and $229,500 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.
For sale
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
$2,295,000
2521 E 7th St, Long Beach, CA 90804
31beds
21baths
9,358sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$2,267,400 Zestimate®
$245/sqft
$-- HOA
What's special
Well-appointed unitsElectrical panelsNewer windows
- 199 days
- on Zillow |
- 114 |
- 13 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 05:26am
Listing Provided by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Damien Breaux DRE #01460301 949-662-2916,
Morgan Skenderian
Source: CRMLS,MLS#: PW24222928
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 31
- Bathrooms: 21
Appliances
- Laundry: Community
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,358
- Total interior livable area: 9,358 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,322 Square Feet
- Features: Lot 6500-9999
Details
- Parcel number: 7262019023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutters, Sidewalks
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $245/sqft
- Annual tax amount: $30,594
- Date on market: 10/28/2024
- Total actual rent: 14165
- Income includes: Laundry
- Loading
- Loading