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2415 E 7th Street, Long Beach, California 90804, Long Beach, 90804 - bed, bath

2415 E 7th Street, Long Beach, California 90804 home-pic-0
ACTIVE$1,399,000
2415 E 7th Street, Long Beach, California 90804
0Bed
0Bath
3,133Sqft
4,589Lot
Year Built
1923
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$447
HOA
-
Days on market
-
Sold On
-
MLS number
DW25162596
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(50th), sqft - 3133(50th), beds - undefined(50th), baths - undefined(50th).

Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Asking $1,399,000 Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unit apartment building, listed at $1,399,000, offers the ultimate in location and income potential, with the beach a mere seven blocks away – perfect for enjoying sun, surf, and seaside strolls. The property boasts a desirable unit configuration, including a charming front 2-bedroom, 2-bathroom house complete with a 2-car garage and two extra parking spots. Ideal setup for owner occupant seeking cashflow. The rear structure houses four well-appointed units, consisting of studios and one bedrooms, designed for broad appeal in Long Beach's thriving rental market. Property is well maintained with multiple upgrades and remodeling throughout. Added income is generated from the convenient on-site laundry room. Beyond its proximity to the Pacific Ocean, this address provides effortless access to an array of amenities. Residents will appreciate the short distance to California State University, Long Beach (CSULB), as well as the eclectic mix of restaurants, boutiques, and entertainment found along the renowned 4th Street corridor. Embrace the quintessential Long Beach lifestyle in this exceptional income-generating property. Easy show and sell.

Nearby schools

6/10
Burbank Elementary School
Public,•K-5•0.2mi
5/10
Willard Elementary School
Public,•K-5•0.5mi
7/10
Lee Elementary School
Public,•K-5•0.8mi
7/10
Lincoln Elementary School
Public,•K-5•0.9mi
9/10
Fremont Elementary School
Public,•K-5•1.0mi
4/10
Whittier Elementary School
Public,•K-5•1.1mi
6/10
Bryant Elementary School
Public,•K-5•1.2mi
7/10
Jefferson Leadership Academies School
Public,•6-8•0.8mi
6/10
Franklin Classical Middle School
Public,•6-8•0.9mi
6/10
Wilson High School
Public,•9-12•1.3mi
6/10
Polytechnic High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
07/18/25
Listing
$1,399,000
06/19/20
Sold
$1,373,500
06/26/17
Sold
$970,000
12/30/15
Sold
$850,000
07/06/11
Sold
$325,000
Condition Rating
Good
Despite being built in 1923, the property description explicitly states 'multiple upgrades and remodeling throughout.' The visible kitchen confirms this, featuring modern white cabinets, light-colored countertops, a contemporary blue subway tile backsplash, and a modern stainless steel sink with a pull-down faucet. While the gas range is white (not stainless steel), it appears clean and functional, indicating a recent, practical renovation. The exterior also appears well-maintained for its age. The property is move-in ready for tenants, aligning with a 'Good' condition score, suggesting renovations within the last 5-15 years.
Pros & Cons

Pros

Prime Coastal Location: The property is a 'Coastal Gem' located in East Side Long Beach, just seven blocks from the beach, offering high desirability for renters and residents. It also provides effortless access to CSULB, the vibrant 4th Street corridor, and numerous amenities.
Strong Income-Generating Asset: This is a 5-unit apartment building designed for income potential, featuring a mix of units (including studios and one-bedrooms) and an on-site laundry room, providing multiple revenue streams in a thriving rental market.
Owner-Occupant Opportunity: The property includes a charming front 2-bedroom, 2-bathroom house with a 2-car garage and two extra parking spots, making it an ideal setup for an owner-occupant seeking cash flow from the additional units.
Well-Maintained & Upgraded: The property is described as well-maintained with multiple upgrades and remodeling throughout, suggesting reduced immediate capital expenditure for a new owner.
Ample Parking: The front unit benefits from a 2-car garage and two additional parking spots, a significant and valuable amenity in a dense urban and coastal area like Long Beach.

Cons

Historic Property Maintenance: Built in 1923, despite reported upgrades, the property may still present ongoing maintenance challenges and potential for unforeseen issues associated with an older structure's original systems.
Higher Tenant Turnover Potential: The rear units primarily consist of studios and one-bedrooms, which typically experience higher tenant turnover rates compared to larger units, potentially leading to increased vacancy costs and management demands.
Lack of Specific Financials: While highlighting income potential, the listing does not provide current rental income figures, expenses, or a projected cap rate, requiring prospective investors to conduct extensive due diligence for financial assessment.

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