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1089 E 7th St
Long Beach, CA 90813 Downtown Long Beach

$1,399,900 USD

Apartments For Sale  •  3,020 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,020 SF
  • Lot Size 0.06 AC
  • Year Built 1922
  • Zoning LBCO
60 Transit Score
80 Walk Score

Highlights

Strong existing income-The property currently generates approximately $8,000 per month/$96,000 annually, producing a reported $68,535 NOI.
Additional rental upside: Projected rents total approximately $8,800 per month, representing $9,600 in potential additional annual income
Desirable investment location: A highly visible corner property near Downtown Long Beach and Alamitos Beach

Property Flyers

Amenities

  • Kitchen
  • Oven
  • Public Transportation

Public Transportation

Transit/SubwayDriveWalkDistance
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 15 min 0.8 mi
1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.2 mi
John Wayne/Orange County 31 min - 20.3 mi
Los Angeles International 33 min - 22.3 mi
Kory Jackson 310-717-3720 eXp Realty of California, Inc.
Kory Jackson 310-717-3720 eXp Realty of California, Inc.