733 E 7th ST, Long Beach, CA 90813 - MLS#PW24076609

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Ricardo Gil Jr

rgiljr@gilsre.com +1(209) 226-9649

$1,224,000

Est. payment - /mo

5,414 Sqft Lot

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UPDATED:

11/19/2024 07:13 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID PW24076609

HOA Y/N No

Year Built 1918

Lot Size 5,414 Sqft

Property Description

**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCO

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Door-Single, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Utilities Available Water Connected

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7274020018

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Wade Tettenburn • Palazzo Realty Inc. • 562-400-0091

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Ricardo Gil Jr

+1(209) 226-9649

Broker | CA DRE#01800755

Broker CA DRE#01800755