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Long Beach, CA 90813 433 W 7th Street

$3,888,000

433 W 7Th Street Long Beach, Ca - Image 1433 W 7Th Street Long Beach, Ca - Image 2433 W 7Th Street Long Beach, Ca - Image 3
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433 W 7Th Street Long Beach, Ca - Image 4433 W 7Th Street Long Beach, Ca - Image 5433 W 7Th Street Long Beach, Ca - Image 6
Presented By: Christopher Walker with Triqor Group; chris.walker@triqorgroup.com
  • MLS# PW24011196
  • 01/18/2024
  • Request Tour
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  • BedBeds • 7
  • BathBaths • 3
  • FootageSQFT • 11,015
  • GarageGarage • 5

Home Details

We are pleased to present the 7th Street Property. This is a one-of-a-kind apartment community with Spanish Colonial architecture which offers a historic feel for the tenants. Located on 7th Street in Long Beach, one of the area’s major thoroughfares, residents are less than mile from the beach and near many shops and restaurants. Additionally, this building is individually metered for electricity and offers a rooftop deck that overlooks downtown Long Beach. The property is comprised of seventeen spacious units each with 10-foot ceilings. 11.08 GRM and 5.8% CAP Rate on In Place Income
Presented By: Christopher Walker with Triqor Group; chris.walker@triqorgroup.com

Interior Features for 433 W 7th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 433 W 7th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
Days on Market97
DirectionsTake the I-405 North, Exit on CA-22 West, Take East 7th St. to N. Virginia Ct., Location is on your left.
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces5.0
Garage Y/NYes
Gross Income340389.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet8395.0
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income226757.0
New ConstructionNo
Operating Expense113632.0
Pool FeaturesNone
Private PoolNo
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
Street Name7th
Subdivision NameAlamitos Beach (AB)
Tax Lot24
Total Units17
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1931
Year Built SourcePublicRecords
ZoningLBPD10

Exterior for 433 W 7th Street

Building Area Total11015.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1927
Lot Size Area8395.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,888,000
MLS#PW24011196
List Date 01/18/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors