Have a Question or Want a Free Market Report?

Contact Me

433 W 7th St

Long Beach, CA 90813 View Map $4,795,000 Schedule a Tour
Sq.Ft. Lot8,395
Year1931
Nancy Barfield

Nancy Barfield

(714) 271-0789
DRE No.: 01085438

Schedule a Tour
Ask a Question
Status: Active
Property Type:Residential Income (Multi-Family)
MLS #:PW22200180
On Site:20 Days
Lot Size:8,395 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Gary Tolfa
Office:Triqor Group
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. This is a value-add opportunity with approximately 25% of upside.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:433 W 7th St Long Beach, CA 90813
Subdivision:Other (Othr)
Zip Code:90813

Architecture

Year Built:1931
Building Area: 11015.0
Number of Buildings: 1
Total Units: 17
Unit 1: 11 Units • 1 Bath • Unfurnished • $1,399 actual rent • $15,389 total rent • $1,650 pro forma
Unit 2: 5 Units • 1 Bed • 1 Bath • Unfurnished • $1,580 actual rent • $7,900 total rent • $1,850 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,800 actual rent • $1,800 total rent • $2,100 pro forma
Garage Spaces: 5.0
Parking Total: 5.0

Features / Amenities

Laundry: Common Area
Common Walls: 2+ Common Walls

Property Features

Lot Size: 0.19 Acres / 8,395 Sq. Ft.
Lot Features: Street Level
Sewer: Public Sewer
Water: Public
Zoning:LBPD10
Directions:Contact Agent

Tax and Financial Info

Gross Income: $294,876
Gross Scheduled Income: $303,996
Net Operating Income: $184,130
Operating Expense: $110,746
Terms: Conventional
Land Lease: No

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

433 W 7th St Long Beach, CA 90813
GO SEE THIS LISTING
433 W 7th St Long Beach, CA 90813
 
ASAP
Sun
2
Oct
Mon
3
Oct
Tue
4
Oct
Wed
5
Oct
Thu
6
Oct
Fri
7
Oct
Sat
8
Oct
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing agent / office Gary Tolfa, Triqor Group.
Based on information from California Regional Multiple Listing Service, Inc. as of October 1, 2022. 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. IDX provided by Sierra Interactive.