2009 E 7th Street, Long Beach, CA 90804

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
2009 E 7th Street,Long Beach, CA 90804
$4,250,000
  • - Beds
  • - Baths
  • 17,730 sq. ft.
  • Multi-family
  • Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC25101601
Source:CRMLS

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$239.71

About this home

This 26-unit mixed-use investment is located at the high-visibility corner of 7th Street and Cherry Avenue in the Historic Rose Park District of Long Beach—a walkable, rapidly evolving area surrounded by strong retail demand and stable residential tenancy. The two-building property totals approximately 17,730 square feet and features 7 ground-floor retail suites and 19 apartment units, consisting of 1 studio, thirteen 1-bed/1-bath units, four 2-bed/1-bath units, and one 3-bed/1-bath unit. The diverse mix of units and commercial spaces creates multiple income streams and flexible leasing opportunities. With rents significantly below market, the asset offers an estimated 20–25% rental upside achievable through light renovations, management efficiencies, and targeted leasing. The retail spaces have historically maintained 85–90% occupancy, while residential rents present further upside potential. At the asking price, the property delivers a capitalization rate approaching

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Home facts

  • Year built:1959
  • Listing ID #:OC25101601
  • Added:289 day(s) ago
  • Updated:February 21, 2026 at 02:20 PM

Rooms and interior

  • Living area:17,730 sq. ft.

Structure and exterior

  • Year built:1959
  • Building area:17,730 sq. ft.
  • Lot area:0.28 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Tap Paid

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$239.71
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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