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1613 E 7Th St, Long Beach, CA 90813
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1613 E 7Th St Long Beach, CA 90813

$989,900
  • 7 Beds
  • 4 Baths
  • 3,876 Sq.Ft.
For Sale
$989,900 Get Pre-Qualified
Map preview of 1613 E 7Th St, Long Beach, CA 90813

Property Overview: 1613 E 7Th St Long Beach, CA has 7 bedrooms, 4 bathrooms, 3,876 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.

Listed by Steven Guthrie | BRE #01440504 | Platinum Finance Properties
Last checked: 11 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24059479
City
Long Beach
County
Los Angeles
Time on Site
32 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $23,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $500
  • Insurance: $2,200
  • Professional Management: $1,200
  • Water/Sewer: $1,500

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Property Details for 1613 E 7Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7267028002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Unknown
  • Directions: 7th St / Walnut Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1613 E 7Th St

Last sold for $606,500 on June 1st, 2017

  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: PW24059479

    $989,900

    Price

  • March, 2018

  • Mar 1, 2018

    Date

    Expired

    CRMLS: CV17032176

    $530,000

    Price

  • Mar 1, 2017

    Date

    Withdrawn

    CRMLS: CV17032176

    $530,000

    Price

  • Feb 16, 2017

    Date

    Active Under Contract

    CRMLS: CV17032176

    $530,000

    Price

  • Feb 16, 2017

    Date

    Active

    CRMLS: CV17032176

    $530,000

    Price

  • Listing provided courtesy of CRMLS

    Sale subject to short sale approval

  • June, 2017

  • Jun 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $606,500

    Price

  • November, 2016

  • Nov 16, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1613 E 7Th St

Assessed Value (2020): $743,404
Year Land Value Improved Value Assessed Value
2020 $519,991 $223,413 $743,404

Home Value Compared to the Market

This property vs the competition

1613 E 7Th St is listed 23.74% higher than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $255.39 per/sqft which puts the price per square foot 59.65% lower than the median price per square foot for the city of Long Beach.

About 1613 E 7Th St

Detailed summary of property

1613 E 7Th St is a mixed use located in Long Beach, CA 90813 and is currently for sale. This mixed use property offers 7 bedrooms, 4 bathrooms, roughly 3,876 living square feet, and sits on an approximately 6,000 square foot lot. 1613 E 7Th St was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $989,900. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 23.74% higher than the median priced home. Local competing homes currently for sale include 7608 Painter Ave, 1318 W Commonwealth Ave and 3300 E 8th St. While the average home in Long Beach, CA is selling in 56 days, 1613 E 7Th St has a days on market of 24 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 1613 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 1613 E 7Th St

Public county record property details
Beds
5
Baths
3
Year built
1929
Sq. Ft.
3,876
Lot Size
5,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7267-028-002

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
$695,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$612
Total Inventory
30
Median Sale to List Price %
98.1%
Avg Days on Market
27
Loan Type
Conventional (54.55%), FHA (9.09%), VA (18.18%), Cash (0%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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