James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
1 of 10
Residential IncomeFor Sale
$2,500,000
2521 E 7th Street
Long Beach, CA 90804
Listed by Rick Applebaum DRE#01273871 [email protected] Morgan Skenderian
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$13,005/mo

Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.

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Information courtesy of Morgan Skenderian is subject to verification and is not guaranteed.
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