2009 E 7th Street, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2009 E 7th Street,Long Beach, CA 90804
$4,499,000
- 3 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:mike marcu
Office:mike marcu, broker
MLS#:OC25101601
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,499,000
About this home
This is a 26-unit value-add mixed-use offering in Long Beach. The two-building property, which totals approximately 17,730 square feet, is in the Historic Rose Park District on the northeast corner of 7th Street and Cherry Avenue. It comprises 8 retail spaces, one studio, 12 one-bedroom apartments, and 5 two-bedroom apartments. With approximately 20% rental upside to capture, with some renovations and operational improvements, the asking price of $4,995,000 presents an attractive stabilized capitalization rate exceeding 6% on a prime corner location.
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Home facts
- Listing ID #:OC25101601
- Added:146 day(s) ago
- Updated:October 01, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$4,499,000
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