1600 E 7th Street, Long Beach, California 90813, Long Beach, 90813 - bed, bath
ACTIVE$1,350,000
1600 E 7th Street, Long Beach, California 90813
0Bed
0Bath
3,456Sqft
3,297Lot
Year Built
1919
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$391
HOA
-
Days on market
-
Sold On
-
MLS number
OC24253604
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $1.35M(92th), sqft - 3456(85th), beds - undefined(50th), baths - undefined(50th).
Fantastic opportunity to buy a fourplex in a prime rental area! These are large two-bedroom units with great layouts and ample storage. Recently upgraded. washer/dryer hookups. Close proximity to bus lines, shopping, and entertainment makes them easy to rent. The building has been well-maintained and has great curb appeal.
Price History
Date
Event
Price
06/16/16
Sold
$719,000
09/21/04
Sold
$590,000
06/12/00
Sold
$177,000
03/02/98
Sold
$327,000
02/24/98
Sold
$155,000
Condition Rating
Fair
The property was built in 1919, but the description mentions 'recently upgraded'. The images show updated kitchens and bathrooms, but the overall style is somewhat dated. While the units appear well-maintained, the age of the building suggests that some components are likely outdated. Therefore, a 'Fair' rating is appropriate.
Pros & Cons
Pros
Prime Rental Location: Located in a highly desirable rental area with easy access to bus lines, shopping, and entertainment, ensuring consistent tenant demand.
Large Units with Upgrades: The property features spacious two-bedroom units with functional layouts, ample storage, and recent upgrades, enhancing tenant appeal.
Well-Maintained with Curb Appeal: The building is well-maintained and boasts great curb appeal, contributing to a positive first impression and potentially higher rental rates.
Cons
Age of Property: Built in 1919, the property may require ongoing maintenance and potential upgrades to meet modern standards and tenant expectations.
Lot Size: The lot size is relatively small, which may limit expansion possibilities or outdoor amenity development.