1089 E 7th Street

Long Beach, CA 90813
Beds
6
Baths
4
Square Ft.
3,020
Property listed by eXp Realty of California Inc, Kory Jackson 888-584-9427
$1,399,900
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates anRead MoreRead Less
Listing Snapshot
Days Online
35
Last Updated
Beds
6
3/4 Baths
4
Square Ft.
3,020
Lot Size
0.06 Acres
Year Built
1922
MLS Number
26870317
Property Location Map
Additional Details
Building
Built in 1922, Living area: 3020.0, 2 buildings, Building faces South, 2 stories, Levels: Two, Construction Materials: Stucco
Cooling
None
Disclosures
CityInspectionRequired, Historical, RentControl, SeismicHazard
Expenses
Gardener: $1,200, Insurance: $2,225, Maintenance: $2,400, Water/Sewer: $3,000
Foundation
Raised
Heating
NaturalGas
Income
Gross Income: $96,000, Net Operating Income: $68,535
Lot
0.0595 acres, CornersMarked, RectangularLot
Parking
OnStreet
Property
UpdatedRemodeled
Roof
Composition
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Taxes
Parcel Number: 7266005024, Zoning: LBCO
Tenant Pays
CableTv, Electricity, Gas
Utilities
OverheadUtilities
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.