Bought with Kristina Moore
$2,600,000
$2,625,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1271 E 7th ST Long Beach, CA 90813
8,182 Sqft Lot
Key Details
Sold Price $2,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW25185834
Year Built 1961
Lot Size 8,182 Sqft
Property Description
PRICED TO SELL TODAY!! HUGE UNITS!! SQ. FT. OVER 10,000!! FIRST TIME BEING SOLD IN 23 YEARS! 12 UNITS IN EAST SIDE LONG BEACH. $220/ DOOR CONSISTING OF 7- 2 BED/1 BATH UNITS AND 5- BED/1 BATH UNITS. 6 GARAGES! ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY OWNER. POTENTIAL TO BE AN 8 CAP AND 9 X GROSS! CASH FLOWING FROM DAY 1! INDIVIDUALLY METERED FOR GAS AND ELECTRIC. UPSIDE IN RENTS. 3 UNITS JUST REMODELED WITH ALL NEW KITCHENS, BATHROOMS, FLOORING , TILE AND MORE. 7 BLOCKS TO THE BEACH, 5 MINUTES TO CSULB AND RESTAURANTS AND SHOPPING! GREAT RENTAL MARKET!! SOMEONE IS GOING TO GET A GREAT DEAL ON THIS PROPERTY!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Wall Furnace
Cooling None
Laundry In Laundry Room
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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