733 E 7th ST Long Beach, CA 90813
Pending
$1,224,000
4%
4 Units
14 Beds
4 Baths
4,842 Area(sq.ft.)
5,413 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1 | No | $ 2,050 | $ 2,050 | $ 2,495 |
| Unit 2 | 1 | 4 | 1 | No | $ 2,175 | $ 2,175 | $ 2,495 |
| Unit 3 | 1 | 4 | 1 | No | $ 2,495 | $ 2,495 | $ 2,495 |
| Unit 4 | 1 | 3 | 1 | No | n/a | $ 2,500 | $ 2,500 |
| 4 | 4 | 14 | 4 | $ 6,720 | $ 9,220 | $ 9,985 |
| MLS #: | PW24076609MR |
| Days On Market: | 31 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 253 |
| Price per unit: | $ 306,000 |
| Year Built: | 1918 |
Property Details
**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 71,916 |
| Gross Rent Multiplier: | 11.51 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBCO |
| Land Lease Type: | Fee |
| Parking Garage: | Garage - 1 Car |
Interior
| AC/Cooling: | None |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Gas Dryer Hookup, Washer Hookup |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
