1100 E 7th St Long Beach, CA 90813

$2,050,000 Sold Price as of 11/20/2018

8 Beds
10 Baths
4,540 Sq.Ft.

Off Market

$2,050,000 Sold Price as of 11/20/2018 Refinance Your Mortgage

Map preview of 1100 E 7th St, Long Beach, CA 90813

Property Overview: 1100 E 7th St Long Beach, CA has 8 bedrooms, 10 bathrooms, 4,540 living square feet and 6,793 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1100 E 7th St is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1100 E 7th St

Last sold for $2,050,000 on November 20th, 2018

January, 2024
Jan 24, 2024

Date

Canceled

CRMLS: OC23208849

$2,400,000

Price
Nov 11, 2023

Date

Active

CRMLS: OC23208849

$2,400,000

Price
Listing provided courtesy of CRMLS

This Building Does Not Have Rent Control. Rent Can Be Increased Up T 8.8% Great investment opportunity, 10-unit apartment, fully occupied. Close to downtown, Long Beach College, shopping, dinning, and public transportation. The building has a newer quartz slab, newer plumbing, newer electrical, newer cabinets, newer fixers and hardware. Each unit includes refrigerator, cook top, air conditioning, stacked washer and dryer, 12-foot ceiling, plenty of natural lighting.

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November, 2018
Nov 20, 2018

Date

Sold

CRMLS: OC18191822

$2,050,000

Price
Sep 5, 2018

Date

Price Change

CRMLS: OC18191822

$2,250,000

Price
Aug 8, 2018

Date

Active

CRMLS: OC18191822

$2,365,000

Price
Listing provided courtesy of CRMLS

A unique opportunity to own a 10-unit long-term rental property in an up-and-coming Long Beach neighborhood. Just blocks from downtown, Retro Row, the beach, Long Beach City College, shopping, restaurants, public transportation, this property has it all. The building has undergone a complete gut renovation and remodel including new plumbing, electrical, cabinets, countertops, quartz slab shower surrounds, fixtures and hardware. Included in each unit: refrigerator, cooktop, air conditioning, stacked washer/dryer and ample loft-style storage. Polished concrete flooring, exposed brick walls, 12-foot ceilings, large windows for natural light, and industrial finishes give these units a uniquely in-demand architectural style requiring minimal maintenance due to the durability of the surfaces and the simplicity of the design. Property is fully-occupied with long-term leases in place and tenants have been screened to the most stringent of standards. All rents listed are ACTUAL. This is a turnkey property in a location with significant upside.

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November, 2018
Nov 20, 2018

Date

Sold (Public Records)

Public Records

$2,050,000

Price
June, 2013
Jun 18, 2013

Date

Sold (Public Records)

Public Records

$695,000

Price

Tax History for 1100 E 7th St

Assessed Value (2020): $2,091,800

Year	Land Value	Improved Value	Assessed Value
2020	$1,463,700	$628,100	$2,091,800

About 1100 E 7th St

Detailed summary of property

1100 E 7th St is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90813 and last sold on November 20, 2018 for $2,050,000. This property has 8 bedrooms, 10 bathrooms, roughly 4,540 living square feet, and sits on an approximately 6,793 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 150.31% higher than the current median priced home. 1100 E 7th St was last sold on November 20, 2018 for $2,050,000. Local nearby listings include 150 The Promenade #508, 1321 E Appleton St #10 and 337 Lime Ave #8. The average home in Long Beach, CA is selling in 65 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. If you are the homeowner and looking to sell the home at 1100 E 7th St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1100 E 7th St

Public county record property details

Beds: 8
Baths: 10
Year built: 1933
Sq. Ft.: 4,540
Lot Size: 6,793
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 7266-011-001

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$599,000

Median List Price/Sq.Ft.

$553

Median Sold Price

$495,000

Median Sold Price/Sq.Ft.

$587

Total Inventory

Median Sale to List Price %

99.02%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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