338 E 7th Street Long Beach, CA 90813

$2,295,000
338 E 7th Street, Long Beach, CA 90813
Call 1-800-839-1363
RS18087051

Single Family Home for sale in Long Beach, CA

for $2,295,000. This home was built in 1912 on a lot size of 5296.00 Sqft..

Property Information

  • $2,295,000
  • Single Family
  • Active
  • Lot size of 5296.00 Sqft.
  • Built in 1912
  • Long Beach, CA
  • Downtown Long Beach Neighborhood
  • Los Angeles County
  • MLS/Web ID is RS18087051
  • Just Listed

Description

Originally built in 1912, the subject property has been significantly remodeled over the past two years and is comprised of 10 spacious 1 Bed / 1 Bath units averaging 670 SF each. (4) units have undergone "gut" remodels to the studs, including porcelain tile floors, stainless steel appliances, quartz counters, custom cabinets, modern light fixtures, & marble shower tile. A 5th unit will be modernized and put in a condition suitable for a new investor to add finishes of their liking. Exterior improvements include a new roof in 2018, drought tolerant landscaping, custom metal work around the property for improved security & modern exterior paint. Great opportunity for an investor looking for a stable building with a realistic value add component and upside in rents.

Interior 2

Building Amenities

  • Laundry
  • Laundry Room

Water Source

  • Public Water

Exterior 3

Exterior

  • Gutters

Land Improvements

  • Curbs
  • Sidewalks
  • Storm Drains
  • Street Lights

Lot Description

  • Level/Flat

Miscellaneous 1

Location

  • Corner Lot
  • Urban

† Excluded Feature

Listed By

Broker: NATIONWIDE REAL ESTATE EXECS

338 E 7th Street, Long Beach, CA, 90813 is a Single Family Home for sale at $2,295,000 with a lot size of 5296.00 Sqft.. 338 E 7th Street has 0.0 baths and was built in 1912. The property's zip code is 90813 which is in Long Beach, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Long Beach $1,009,419 56 % below $738,000 68 % below
Single family listings in Long Beach $1,146,542 50 % below $834,500 64 % below

Get the facts about Long Beach, CA!

Population 472,821
Population Growth (since 2000) 2 %
Median Income $55,472
Median Age 34.78
Households w/ Children 31 %

Residential Dwellings

  • Owned 69941
  • Vacant 11388
  • Rented 97481

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