Sold for $2,566,842

Listed by: Keller Williams Realty Downey • Robert Stepp • Contact: 310-774-3740

Bought with: Keller Williams Realty Downey

$2,566,842

1830-1838 E 7th St, Long Beach, CA 90813

18beds

16baths

6,044sqft

Mixed Use

Built in 1919

-- sqft lot

$2,555,300 Zestimate^®

$425/sqft

$2,195 Estimated rent

Home value

$2,555,300

$2.30M - $2.84M

$2,195/mo

Zestimate^® history

Owner options

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$2,195/mo

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$2,195/mo

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$16,233/mo

Est. payment

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$16,233/mo

Est. payment

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What's special

1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 16

Appliances

Laundry: Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 6,044
Total interior livable area: 6,044 sqft

Property

Parking

Total spaces: 6
Parking features: Garage
Garage spaces: 6

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 0.27 Acres
Features: 11-15 Units/Acre

Details

Additional parcels included: 7266023010
Parcel number: 7266023009
Zoning: LBCNR
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1919

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks
Subdivision: Alamitos Beach (Ab)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $425/sqft
Date on market: 9/7/2023
Cumulative days on market: 622 days
Listing terms: Cash,Cash to New Loan,1031 Exchange

Price history

Date	Event	Price
6/27/2025	Sold	$2,566,842-1.1%$425/sqft
Source: CRMLS #PW23166122 Report a problem
5/21/2025	Pending sale	$2,595,000$429/sqft
Source: CRMLS #PW23166122 Report a problem