HUGE PRICE ADJUSTMENT: Both units are now rented! Wonderful move-in ready, income property, two units: 2/1 and 1/1. Both units just updated. Updates include: New electrical throughout the house, including the basement and everything up to 2023 code , the plumbing was separated for the two units and inspected and updated as needed, and a new gas, water and sewer line were added with city approval, 2 new tankless water heaters installed, new fire-rated walls between units through the attic and all the way up to the roof, new roof installed 10 years ago, front bathroom remodeled in 2023 and the back bathroom remodeled in 2013, new foundation in 2016 and fresh paint throughout. Located in the East Village neighborhood of Long Beach, close to coffee shops, trendy restaurants, public transportation, the 4th corridor, and the beach. Please note, street parking only (no garage)
Sold for $640,000
Listing Provided by: Redfin Corporation
Bought with: Keystone Realty Group
$640,000
516 E 7th St, Long Beach, CA 90813
3beds
2baths
1,221sqft
Duplex
Built in 1917
-- sqft lot
$680,000 Zestimate®
$524/sqft
$2,329 Estimated rent
Home value
$680,000
$639,000 - $721,000
$2,329/mo
Zestimate® history
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Fresh paint throughoutNew roof installedNew electrical throughoutTrendy restaurantsNew gasNew foundationClose to coffee shops
Zillow last checked:
Listing updated:
Listing Provided by:
Costanza Genoese Zerbi DRE #01941438 562-221-4527,
Redfin Corporation
Bought with:
Samir Rai, DRE #01868728
Keystone Realty Group
Source: CRMLS,MLS#: PW23210806
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,221
- Total interior livable area: 1,221 sqft
Property
Features
- Entry location: front door and side door for second unit
- Pool features: None
Lot
- Size: 2,127 sqft
- Features: Level
Details
- Parcel number: 7274018005
- Zoning: LBPD30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Long Beach
- Subdivision: Downtown (Dt)
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2024 | Sold | $640,000-5.2%$524/sqft |
Source:  CRMLS #PW23210806 Report a problem | ||
| 3/29/2024 | Contingent | $674,980$553/sqft |
Source: CRMLS #PW23210806 Report a problem | ||
| 3/16/2024 | Price change | $674,980-10%$553/sqft |
Source: CRMLS #PW23210806 Report a problem | ||
| 2/9/2024 | Price change | $749,980-6.3%$614/sqft |
Source: CRMLS #PW23210806 Report a problem | ||
| 11/16/2023 | Listed for sale | $799,980+323.3%$655/sqft |
Source: CRMLS #PW23210806 Report a problem | ||
| 3/29/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2021 | Listed for rent | $1,395-26.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/7/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/2/2019 | Listing removed | $1,895$2/sqft |
Source: Owner Report a problem | ||
| 3/16/2019 | Listed for rent | $1,895$2/sqft |
Source: Owner Report a problem | ||
| 5/25/2012 | Sold | $189,000$155/sqft |
Source: Public Record Report a problem | ||
| 3/13/2012 | Price change | $189,000+14.6%$155/sqft |
Source: ERA West Coast Real Estate #P809663 Report a problem | ||
| 1/26/2012 | Price change | $164,900-5.7%$135/sqft |
Source: ERA West Coast Real Estate #P809663 Report a problem | ||
| 1/24/2012 | Price change | $174,900-27.1%$143/sqft |
Source: ERA West Coast Real Estate #P809663 Report a problem | ||
| 12/24/2011 | Price change | $240,000+71.4%$197/sqft |
Source: Uptown Brokers Inc. #P790186 Report a problem | ||
| 7/25/2011 | Listed for sale | $140,000-6.6%$115/sqft |
Source: Uptown Brokers Inc. #P790186 Report a problem | ||
| 6/18/2011 | Listing removed | $149,900$123/sqft |
Source: Listhub #P782895 Report a problem | ||
| 5/26/2011 | Listed for sale | $149,900+11.9%$123/sqft |
Source: Listhub #P782895 Report a problem | ||
| 6/30/2000 | Sold | $134,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,709 +172.2% | $652,800 +180.5% |
| 2024 | $3,199 +1.9% | $232,728 +2% |
| 2023 | $3,141 +6.3% | $228,166 +2% |
| 2022 | $2,954 +3.6% | $223,693 +2% |
| 2021 | $2,851 +0.3% | $219,308 +1% |
| 2020 | $2,842 | $217,061 +2% |
| 2019 | $2,842 +5.3% | $212,806 +2% |
| 2018 | $2,700 | $208,634 +2% |
| 2017 | $2,700 +1.1% | $204,544 +2% |
| 2016 | $2,670 +7.7% | $200,534 +1.5% |
| 2015 | $2,479 +4.7% | $197,523 +2% |
| 2014 | $2,369 | $193,655 +18.1% |
| 2012 | -- | $163,959 +2% |
| 2011 | -- | $160,745 +0.8% |
| 2010 | -- | $159,544 -0.2% |
| 2009 | -- | $159,924 +2% |
| 2008 | -- | $156,789 +2% |
| 2007 | -- | $153,716 +2% |
| 2006 | -- | $150,703 |
| 2005 | -- | $150,703 +4% |
| 2004 | -- | $144,853 +1.9% |
| 2003 | -- | $142,200 +2% |
| 2002 | -- | $139,412 +440.8% |
| 2000 | -- | $25,781 |
Find assessor info on the county website
Neighborhood: East Village
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$680,000
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Estimated market value
$680,000
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