Long Beach, CA 90813,1242 E 7th Street
Long Beach, CA 90813,1242 E 7th Street
Long Beach, CA 90813,1242 E 7th Street
61
$1,420,000
$1,495,000
5.0%
Est.Price: ?

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8 BD
6 BA
8,022 Sqft Lot

1242 E 7th Street Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 10/25/2022

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Key Details

Sold Price $1,420,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22153686

Bedrooms 8

Lot Size 8,022 Sqft

Property Description

1242 E 7th Street is the Long Beach 3 unit building you've been waiting for, with an additional 4th unit! The property's income opportunities are endless. Besides being in a prime location of North Alamitos Beach; 1242 E 7th St. offers large units and an awesome unit mix of one large 3 Bedroom /2 Bath unit, one 2 Bedroom /1.5 Bath unit, one 2 Bedroom/ 1 Bath units and one 1 bedroom/ 1 bath upstairs back unit with a private patio deck- each with their own garage plus a fifth garage for you to have additional income. Two of the units have tankless water heaters as well as the shared laundry room by the garages. With a long and large driveway and sitting on a 8,022 sqft. lot; this property has potential for building additional units and ADUs. With proximity to 4th Streets Retro Row, Downtown Long Beach and a bike ride to the beach, your new building will appeal to a wide range of tenants. As an added bonus, the best part is that you get to set the new rents with ALL units to be delivered vacant at close of escrow. Now, that's hot!
1242 E 7th Street is the Long Beach 3 unit building you've been waiting for, with an additional 4th unit! The property's income opportunities are endless. Besides being in a prime location of North Alamitos Beach; 1242 E 7th St. offers large units and an awesome unit mix of one large 3 Bedroom /2 Bath unit, one 2 Bedroom /1.5 Bath unit, one 2 Bedroom/ 1 Bath units and one 1 bedroom/ 1 bath upstairs back unit with a private patio deck- each with their own garage plus a fifth garage for you to have additional income. Two of the units have tankless water heaters as well as the shared laundry room by the garages. With a long and large driveway and sitting on a 8,022 sqft. lot; this property has potential for building additional units and ADUs. With proximity to 4th Streets Retro Row, Downtown Long Beach and a bike ride to the beach, your new building will appeal to a wide range of tenants. As an added bonus, the best part is that you get to set the new rents with ALL units to be delivered vacant at close of escrow. Now, that's hot!

Location

State CA

County Los Angeles

Area Long Beach (90813)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Curbs, Sidewalks

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San Diego Regional MLS (SDMLS)
Listed by Giannina Silva • INTI Realty
Bought with Jason Dufault • Keller Williams Coastal Proper

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agent

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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