1100 E 7th Street, Long Beach, CA 90813
Property · 2 recorded sales since 2013
Sold November 2018
Listing Agent: Tim Stuart (DRE #01742379) · Listing Office: Timothy Stuart, Broker · Contact: 562-265-1850 · Bought with: Jason Phipps · Neighborhood Realty · MLS #OC18191822 · Source: CRMLS
About this property
A unique opportunity to own a 10-unit long-term rental property in an up-and-coming Long Beach neighborhood. Just blocks from downtown, Retro Row, the beach, Long Beach City College, shopping, restaurants, public transportation, this property has it all. The building has undergone a complete gut renovation and remodel including new plumbing, electrical, cabinets, countertops, quartz slab shower surrounds, fixtures and hardware. Included in each unit: refrigerator, cooktop, air conditioning, stacked washer/dryer and ample loft-style storage. Polished concrete flooring, exposed brick walls, 12-foot ceilings, large windows for natural light, and industrial finishes give these units a uniquely in-demand architectural style requiring minimal maintenance due to the durability of the surfaces and the simplicity of the design. Property is fully-occupied with long-term leases in place and tenants have been screened to the most stringent of standards. All rents listed are ACTUAL. This is a turnkey property in a location with significant upside.
Listing description from the November 2018 sale, as reported to CRMLS.
Sale history
