Long Beach, CA 90813,1242 E 7th Street
Long Beach, CA 90813,1242 E 7th Street
Long Beach, CA 90813,1242 E 7th Street
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Listed by Stelios Zoumberakis • Keller Williams Coastal Prop.
$1,690,000
Est. payment /mo
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2,875 SqFt
Active

1242 E 7th Street Long Beach, CA 90813

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $587

MLS Listing ID CRPW25014615

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1911

Lot Size 8,022 Sqft

Property Sub-Type Quadruplex

Property Description

Price reduced over $100,000! Motivated seller! Located at 1242 E 7th St., Long Beach, CA, this beautiful turnkey 4-unit Craftsman property offers a prime investment or owner-user opportunity in a vibrant, centrally located North Alamitos Beach neighborhood. The property sits on a 8,000 sq. ft. lot and features a 2,875 sq. ft. building, delivering a mix of spacious and stylishly remodeled units. The property includes one three-bedroom unit (~ 775 sq. ft.), two two-bedroom units (~750 sq. ft.), and one one-bedroom unit (~ 600 sq. ft.). Each unit has been completely remodeled, featuring modern interiors, updated kitchens and baths, and premium finishes, making this property a true turnkey investment. This property offers significant value-add potential. The lot includes five garages, presenting an ideal opportunity for Accessory Dwelling Unit (ADU) conversion to maximize rental income. Additionally, the large lot size and layout provide ample space to build additional units. Other highlights include a long driveway and ample parking, a rare and desirable feature in urban multifamily properties. This makes the property particularly attractive to tenants and ensures strong occupancy rates. For those considering living on-site, one unit is currently vacant, offering the perfect owner-u

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Level, Other, Back Yard

Water Public


Bay East AOR and Contra Costa AOR

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agent

Christian Rosales

Agent | License ID: 01987173

+1(650) 274-8392

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1242 E 7th Street