41044108 E 7th Street

LONG BEACH, CA, 90804

$2,999,000

$605 per ft²
$2,999,000
$605 per ft²
Active
Active
 - For Sale
carpenters-square
4,951 ft²
property_type
Multi-family
calendar
Built 1954
----$500,000+ PRICE REDUCTION--Great Rental location in a densely populated area. Balanced unit mix: 1-2 bedrooms; 4- 1 bedroom, 4-studios with bathroom and kitchen; AND 2-store fronts. Non-rent-controlled however, the rent increases are limited to a 5.00 base + the annual Consumer Price Index (CPI) which 3.6%. The total increase is 8.6% effective, August 1st, 2021, changes yearly adjacent to Long Beach City. Excellent rental collection records . Stable tenant base; value-add opportunity. Convenient to local shopping and transportation
MLS® ID:
SB22061452MR
Listed:
3/28/22
Updated:
5/18/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Community
Heating
Wall

Exterior/Building Features

Lot Size
6,155 ft² lot
Sewer
Public Sewer

Other Property Details

Attached Garage
No
Parking
Assigned
Parking Total
4.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None

Property History

Date
Event
Price
Value
4/18/22
Price Change
$2,999,000
-14%

 

Courtesy of Abu Majumder, Abu Majumder, Broker

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/18/22

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