406 E 7th Street, Long Beach, CA 90813

$1,750,000
List Price
$1,750,000
Status
ACTIVE
MLS#
PW18006862
Year Built
1908
Lot Size
7,506
Lot Location
6-10 Units/Acre
Days on Market
9
Property Type
Multifamily
Stories
Two Level
Neighborhood
Other (Othr)

Property Description

Marcus & Millichap is pleased to offer a three building eight unit mixed-use property located at 406-420 E 7th Street and 652-654 Elm Avenue Long Beach, CA 90813. The property includes is a 3 bedroom and 1 bathroom single family bungalow style residence at 420 E 7th Street. A mixed-use building at 412 E 7th Street containing 3 retail units and 2 second story apartments and a 2 story residential du-plex at 652-654 Elm Street. The property is zoned LBPD 30. The property has 150 feet fronting E 7th Street and is 50 feet deep on Linden and Elm Avenues. The City of Long Beach continues to progress forward and is experiencing major redevelopment especially in the Downtown market. The Port of Long Beach is undergoing $4.4 Billion dollars in future development that will create 14,000 new and permanent jobs for Southern California. The $495 million dollar Long Beach Courthouse opened in September 2013. The Metro Rail on Long Beach Blvd allows for mass transportation through the greater LA Metropolis. The City Place shopping center and the surrounding area provides many necessity based shopping (Wal-Mart, Walgreens, CVS, Von's, etc.) The Pike at Rainbow Harbor, the East Village and Pine Avenue offer many eclectic dining and entertainment venues

Additional Information

Tract Number
576200
Lot Description
Curbs, Sidewalks
Pool Description
None
Water
Public
Attached Structure
Attached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Kevin King from Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.