1242 7th Street, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1242 7th Street,Long Beach, CA 90813
$1,690,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:stelios zoumberakis
Office:keller williams coastal prop.
MLS#:PW25014615
Source:CAREIL
Price summary
- Price:$1,690,000
About this home
Price reduced over $100,000! Motivated seller! Located at 1242 E 7th St., Long Beach, CA, this beautiful turnkey 4-unit Craftsman property offers a prime investment or owner-user opportunity in a vibrant, centrally located North Alamitos Beach neighborhood. The property sits on a 8,000 sq. ft. lot and features a 2,875 sq. ft. building, delivering a mix of spacious and stylishly remodeled units. The property includes one three-bedroom unit (~ 775 sq. ft.), two two-bedroom units (~750 sq. ft.), and one one-bedroom unit (~ 600 sq. ft.). Each unit has been completely remodeled, featuring modern interiors, updated kitchens and baths, and premium finishes, making this property a true turnkey investment. This property offers significant value-add potential. The lot includes five garages, presenting an ideal opportunity for Accessory Dwelling Unit (ADU) conversion to maximize rental income. Additionally, the large lot size and layout provide ample space to build additional units. Other highlights include a long driveway and ample parking, a rare and desirable feature in urban multifamily properties. This makes the property particularly attractive to tenants and ensures strong occupancy rates. For those considering living on-site, one unit is currently vacant, offering the perfect owner
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Home facts
- Year built:1911
- Listing Id #:PW25014615
- Added:204 day(s) ago
- Updated:June 27, 2025 at 04:48 PM
Structure and exterior
- Year built:1911
- Lot area:0.18 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,690,000
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