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2009-2011 E 7TH St
Long Beach, CA 90813
Multifamily Property For Sale · 26 Units
PROPERTY FACTS
| No. Units | 26 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 11,740 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.45/1,000 SF |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 11,740 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.45/1,000 SF |
Unit Amenities
- Ceiling Fans
- Kitchen
- Granite Countertops
- Carpet
Site Amenities
- Property Manager on Site
- On-Site Retail
- Public Transportation
About 2009-2011 E 7TH St , Long Beach, CA 90813
Cherry & 7th Apartments is a well-maintained, mixed-use development located on the corner of Cherry Ave. & 7th St., just north of Alamitos Beach. The subject properties consist of (1) studio unit, (15) one bedroom / one bath, (2) two bedroom / two bath, and (1) three bedroom / 1 bath as well as (7) ground floor retail units. Complex consists of 24 units + 2 non-conforming units. Buyer to verify. This is a great opportunity to purchase a solid investment in this quickly gentrifying area of Long Beach. **Sale consists of 2 side-by-side parcels. 0+2 units below are the 7 ground-floor retail spaces. Property can be sold as 2 separate parcels.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $975.00 | 385 |
| 1+1 | 15 | $1,250 | 510 |
| 2+1 | 2 | $1,350 | 540 |
| 3+1 | 1 | $1,395 | 775 |
| Studios | 7 | $1,381 | 425 - 1,530 |
PROPERTY TAXES
| Parcel Number | 7262-024-020 | Improvements Assessment | $2,532,079 |
| Land Assessment | $1,200,522 | Total Assessment | $3,732,600 |
PROPERTY TAXES
zoning
| Zoning Code | LBCCA |
| LBCCA |
