Long Beach, CA 90813 1271 E 7th Street
$2,995,000
14 more
Presented By: Kristina Moore with The Moore Group; 7148097608
Beds • 2
Baths • 1
SQFT • 10,113
Garage • 6
Year Built • 1961
Home Details
PRICED TO SELL TODAY!! $125,000 PRICE DROP!!! HUGE UNITS!! SQ. FT. OVER 10,000!! FIRST TIME ON THE MARKET IN 23 YEARS! 12 UNITS IN EAST SIDE LONG BEACH. $260/ DOOR CONSISTING OF 7- 2 BED/1 BATH UNITS AND 5- BED/1 BATH UNITS. 6 GARAGES! ONSITE LAUNDRY ROOM WITH MACHINES OWNED BY OWNER. 5.4 CAP AND 11.7 X GROSS! INDIVIDUALLY METERED FOR GAS AND ELECTRIC. UPSIDE IN RENTS. 7 BLOCKS TO THE BEACH, 5 MINUTES TO CSULB AND RESTAURANTS AND SHOPPING! GREAT RENTAL MARKET!!
Presented By: Kristina Moore with The Moore Group; 7148097608
Interior Features for 1271 E 7th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 1271 E 7th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces6.0
Carport Y/NYes
CityLong Beach
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Directions7TH AND ALMOND
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationground
Fuel Expense0.0
Garage Spaces6.0
Garage Y/NYes
Gross Income265788.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet8182.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income172763.0
New ConstructionNo
Number Of Units Total12
Number of Units Leased12
Operating Expense93025.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameEastside (ES)
Tax Lot6
Taxes$0
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent22149.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningLBCNR
Exterior for 1271 E 7th Street
Building Area Total10113.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.1878
Lot Size Area8182.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
Pool Charge0.0
Private PoolNo
SpaNo
Total Parking12.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$2,995,000
MLS#PW25052704
List Date
03/18/2025
Property Type
Multi-Family
Phone
(562) 537-4182
