4130 East 7th Street

Long Beach, CA 90804

$1,260,000
Last Sold Price
7
Beds
6
Baths
3,907 Sq. Ft.
$322 / Sq. Ft.
3,907
Sq. Ft.
$322
per Sq. Ft.

Description

Great location in this growing area of long beach, centrally located close to high school/college .easy access to freeways with a strong rental market . Upside potential on rents, upstairs has a 2 bedroom with den, another 2 bedroom and 3- one bedrooms. Property is 6 unit on title, so looks as if prior owners combined the upstairs unit.4 one car enclosed garages with common laundry area.. drive by only and walk thru with accepted offer...Great location in this growing area of long beach, centrally located close to high school/college .easy access to freeways with a strong rental market . Upside potential on rents, upstairs has a 2 bedroom with den, another 2 bedroom and 3- one bedrooms. Property is 6 unit on title, so looks as if prior owners combined the upstairs unit.4 one car enclosed garages with common laundry area.. drive by only and walk thru with accepted offer...
  1. Listed by David Macleod • DRE #00934704 • Brokerage DRE #00616212 • Coldwell Banker Realty
  2. Listed by Lori Thompson • DRE #01897484 • Brokerage DRE #00616212 • Coldwell Banker Realty

Property Details for 4130 East 7th Street

Architectural Style
Spanish
View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Coldwell Banker Realty, David Macleod, DRE #00934704; Coldwell Banker Realty, Lori Thompson, DRE #01897484

Sold By West Shores Realty, Inc., Ana Maria Nava, DRE #01421262

Add your commute
LISTING UPDATED: 06/17/2021 02:58 AM

Property Details for 4130 East 7th Street

StatusClosed
MLS #OC20160754
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, David Macleod, DRE #00934704; Coldwell Banker Realty, Lori Thompson, DRE #01897484

Sold By West Shores Realty, Inc., Ana Maria Nava, DRE #01421262

Add your commute

Building Information for 4130 East 7th Street

Building/Complex4130 E 7th StFloor-Stories2Residences-Pet Policy-Year Built1953Building Size-

Payment Calculator

$8,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,876

Property Taxes

$1,446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4130 East 7th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $92,740
  • Gross Scheduled Income: $92,940
  • Net Operating Income: $74,352
  • Laundry Income: $100
  • Gross Multiplier: 15.0
  • Financing: Cash
Expense Details
  • Operating Expense: $18,588
  • New Taxes Expense: $15,000
  • Licenses Expense: $50
  • Pest Control Expense: $700
  • Insurance Expense: $2,300
  • Professional Management Expense: $0
  • Other Expense: $2,400
  • Trash Expense: $1,200
  • Water Sewer Expense: $800
  • Supplies Expense: $350
  • Total Expenses: $22,800
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Lot: 11
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Biking, Curbs, Gutters
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Water Heater
  • Interior Features: Ceramic Counters
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Kitchen
  • Fireplace Rooms: Kitchen
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Flooring: Carpet, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Security: Security Bars
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: 1
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,645
  • Unit Type Total Rent: $1,645
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 5
  • Number With Carpet: 5

Property History for 4130 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4130 East 7th Street

Taxable ValueLand$832,320Additions$478,584Total$1,310,904
Tax Record2023$17,357 ($1,446 / month)
Home Facts
Total Finished SqFt3,907 SqFtAbove Grade Finished SqFt3,907 SqFtLot Size6,157 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLBCCACountyLOS ANGELESAPN7254-028-012

Schools near 4130 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
Public - 7 to 12
Rating
School
Distance
Fremont Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Select Community Day (Secondary) School
Public7 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, David Macleod, DRE #00934704; Coldwell Banker Realty, Lori Thompson, DRE #01897484

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.