3621 E 7th Street, Long Beach, CA 90804

$1,295,000
List Price
$1,295,000
Price Change
▼ $100,000 1636085494
Status
ACTIVE
MLS#
OC21229697
Year Built
1935
Lot Size
6,499
Acres
0.15
Lot Location
StreetLevel
Days on Market
47
Property Type
Multifamily
Stories
One Level
Neighborhood
Other (Othr)

Property Description

Rare vintage units! Each unit is a separate free standing structure. Great opportunity to increase value with minor renovations and improvements. Being less than 2 miles from both the beach and CSULB, it is a prime location of Eastside Long Beach! Great value add opportunity to own a cash flowing 4 unit investment asset located in Beautiful Eastside Long Beach. With under market rents, an investor has the opportunity to add value and increase revenue. Additionally, garage revenue can be captured!

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$43,476
Operating Expense
13629

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Joshua Leite from CURB

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.