$5,750,000
4117 7th Street, Long Beach 90804
3
Beds
2
Baths
11,901
Lot Size
20
# Of Units
Listing Agent
Steven Bogoyevac - Steven M. Bogoyevac, Broker4117 East 7th Street is a 20-unit apartment building with four brand new ADU’s in Long Beach, California. This asset boasts a great location in the desirable Belmont Heights neighborhood within easy walking distance of Recreation Park and Colorado Lagoon and proximate to Cal State Long Beach and Belmont Shore. 4117 East 7th Street is a well-maintained 1962 construction with a mix of nine two-bedroom/one-bath and 11 one-bedroom/one-bath units, ample tuck-under parking, and income-generating on-site laundry. Four of the one-bedrooms are newly completed ADU’s anticipated to achieve monthly rents of $2,195. Current rents offer a new investor 19 percent potential upside, and this property’s excellent location in an area with a strong tenant base make it a great acquisition opportunity. This asset is offered as part of a portfolio of Long Beach apartment buildings that range from eight to 52 units. Properties available separately or together.
Facts & Features
| MLS® # | PW23224426 |
|---|---|
| Price | $5,750,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Lot Size | 11,901 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 20 |
Community Information
| Address | 4117 7th Street |
|---|---|
| Area | 3 - Eastside, Circle Area |
| Subdivision | Eastside (ES) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90804 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | December 11th, 2023 |
|---|---|
| Days on Market | 148 |
| Zoning | LBCCA |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Bogoyevac |
|---|---|
| Office | Steven M. Bogoyevac, Broker |