433 W 7th ST Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Commercial
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 11,015 sqft
Price per Sqft $381
Subdivision Downtown (Dt)
MLS Listing ID PW25100476
Style Spanish
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1931
Lot Size 8,394 Sqft
Acres 0.1927
Property Sub-Type Commercial/Residential
Property Description
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD10
Rooms
Other Rooms Laundry
Interior
Interior Features 2 Staircases,High Ceilings,Storage
Heating Wall Furnace
Cooling Gas
Flooring Wood
Fireplaces Type Bath,Patio,Gas
Fireplace Yes
Appliance Water Heater
Laundry Common Area
Exterior
Parking Features Assigned,Garage - Single Door
Garage Spaces 5.0
Fence None
Pool None
Community Features Curbs,Gutters,Sidewalks
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Connected,Water Connected
View Y/N Yes
View Coastline,Panoramic
Roof Type Spanish Tile
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Security Features Automatic Gate,Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS 1031 Exchange
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE None
SHOW CONTACT NAME Ryan C Rayburn
SHOW CONTACT PH (562) 317-1106
SHOW INSTRUCTIONS Do Not Walk on Property! Tenants are unaware of sale, please do not disturb.