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1242 E 7th St
Long Beach, CA 90813 Downtown Long Beach

$1,350,000 USD

Multifamily For Sale • 2,875 SF

Property Details

Property Type Multifamily
Total Building Size 2,875 SF
Lot Size 0.18 AC
Year Built 1911
Cap Rate 6.10 %
Zoning LBCNR

60 Transit Score

70 Walk Score

Financial Summary (Actual)

Net Operating Income: $82,344 USD (2025)

Cap Rate:	6.10 %
Total Expenses:	$38,654 USD

Amenities

Air Conditioning
Balcony
Fenced Lot
Gated
Heating
Ceiling Fans
Granite Countertops
Hardwood Floors
Island Kitchen
Patio
Porch

Public Transportation

Transit/Subway	Drive	Walk	Distance
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	4.0 mi
John Wayne/Orange County	30 min	-	20.2 mi
Los Angeles International	34 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

Shane Young 562-318-0213 Young Lewin Advisors

1242 E 7th St Long Beach, CA 90813 Downtown Long Beach