Long Beach, CA 90813,1242 E 7th ST
Long Beach, CA 90813,1242 E 7th ST
Long Beach, CA 90813,1242 E 7th ST
62
$1,420,000
$1,495,000
5.0%
Est.Price: ?

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2,875 SqFt

1242 E 7th ST Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 10/25/2022

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Key Details

Sold Price $1,420,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $493

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW22153686

Sold Date 10/25/22

HOA Y/N No

Year Built 1911

Lot Size 8,023 Sqft

Property Description

1242 E 7th Street is the Long Beach 3 unit building you've been waiting for, with an additional 4th unit! The property's income opportunities are endless. Besides being in a prime location of North Alamitos Beach; 1242 E 7th St. offers large units and an awesome unit mix of one large 3 Bedroom /2 Bath unit, one 2 Bedroom /1.5 Bath unit, one 2 Bedroom/ 1 Bath units and one 1 bedroom/ 1 bath upstairs back unit with a private patio deck- each with their own garage plus a fifth garage for you to have additional income. Two of the units have tankless water heaters as well as the shared laundry room by the garages. With a long and large driveway and sitting on a 8,022 sqft. lot; this property has potential for building additional units and ADUs. With proximity to 4th Streets Retro Row, Downtown Long Beach and a bike ride to the beach, your new building will appeal to a wide range of tenants. As an added bonus, the best part is that you get to set the new rents with ALL units to be delivered vacant at close of escrow. Now, that's hot!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBCNR

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Vinyl

Fireplace No

Laundry Common Area

Exterior

Garage Driveway, Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Parking Type Driveway, Garage

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7266012003

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Giannina Silva • INTI Realty
Bought with Jason Dufault • Keller Williams Coastal Proper

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Alyssa Stalker

Agent | License ID: 02029894

+1(805) 796-3496 | alyssastalker@epique.me

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