Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1931
Sq.Footage
N/A
We are pleased to present the exceptional opportunity to acquire a beautifully maintained, fully occupied, 17-unit multi-family property located at 433 W. 7th St, Long Beach, CA 90802. This historic Spanish-style building, constructed in 1931, combines architectural charm with modern upgrades, offering an ideal investment in the vibrant Long Beach market. Prime Location: Located in the heart of Downtown Long Beach, the property is just minutes from world-class dining, entertainment, shopping, and the waterfront. Residents enjoy easy access to major transportation routes, including the 710 Freeway, as well as close proximity to public transit options. Architectural Charm: This 1931 Spanish-style building retains much of its original architectural appeal, featuring two elegant rotundas framing the second-story landing and a gated entry that leads into a lushly landscaped courtyard. These charming elements create a welcoming atmosphere for tenants. Upgraded Units: The 17 units have been thoughtfully upgraded to maintain their vintage appeal while incorporating modern ?nishes. Most units feature luxurious granite countertops and pedestal sinks in the bathrooms. High 10’ ceilings throughout the building provide a spacious, airy feeling for tenants. Generous Unit Sizes: With a total building square footage of 11,015, the property offers an average unit size that is both generous and comfortable, providing ample living space for each of its residents. The well-appointed apartments appeal to long-term tenants who value quality and comfort. Rooftop Patio: The property features a private rooftop patio, offering stunning views of the city and coastline. This tranquil outdoor space provides tenants with an opportunity to enjoy relaxation, social gatherings, and scenic views, enhancing the overall living experience. Individually Metered: The property is individually metered for both gas and electricity, making it easier to manage utility costs and providing an ef?cient setup for tenants. ADU Potential: The property includes ?ve individual garages, offering potential for additional income through Accessory Dwelling Units (ADUs), subject to buyer veri?cation and city approval. This feature enhances the future income potential of the property.
Features & Amenities
Interior
-
Other Interior Features
High Ceilings, Storage
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
Yes
-
Garage spaces
5
-
Construction Materials
Stucco
-
Parking
Assigned, Garage
-
Pool
Yes
-
Pool Features
None
-
View
Panoramic
Area & Lot
-
Lot Size(acres)
0.1927
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
-
Architectural Style
Spanish
Price
-
Sales Price
$4,200,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Justin White , Justin White
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