2022 East 7th Street
2022 East 7th Street
$2,375,000
6
16
6,944
6,944
$342
Closed 9/30/21
Description
We are pleased to present an 8-unit apartment building located in Long Beach, California. Built in 1987, the subject property consists of 6,944 rentable square feet spread throughout a 7,001 square foot lot. The unit mix consists of all 2- bedroom / 2-bathroom units. It is separately metered for gas and electricity. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean and Downtown Long Beach where there are shops, restaurants,...We are pleased to present an 8-unit apartment building located in Long Beach, California. Built in 1987, the subject property consists of 6,944 rentable square feet spread throughout a 7,001 square foot lot. The unit mix consists of all 2- bedroom / 2-bathroom units. It is separately metered for gas and electricity. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean and Downtown Long Beach where there are shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a high demand rental market with strong in place income in one of the best neighborhoods of Long Beach.
- Listed by Kevin King • DRE #01158184 • Brokerage DRE #00530854 • Marcus & Millichap
Property Details for 2022 East 7th Street
Parking Spaces Total
0
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6944
Assessor Parcel Number7262-025-003
Property Attached YNtrue
Location
LISTING UPDATED: 09/30/2021 04:12 AM
Property Details for 2022 East 7th Street
Status | Closed |
---|---|
MLS # | PW20258168 |
Days on Market | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1986 |
Lot Size | 0.16 AC / 7,002 SF |
County | Los Angeles County |
Location
Building Information for 2022 East 7th Street
Stories2Residences-Year Built1986Building Size-Lot Size0.16 AC / 7,002 SF
Payment Calculator
$15,609 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2022 East 7th Street
Property History for 2022 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2022 East 7th Street
Taxable ValueLand$1,020,000Additions$1,403,700Total$2,423,700
Tax Record2023$31,771 ($2,648 / month)
Home Facts
Total Finished SqFt6,944 SqFtAbove Grade Finished SqFt6,944 SqFtLot Size7,002 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningLBCCACountyLOS ANGELESAPN7262-025-003
Schools near 2022 East 7th Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Burbank Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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