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: 12 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 30
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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#
PW24059493
City
Long Beach
County
Los Angeles
Time on Site
40 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
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
Property 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
  • 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
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 7267028002
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 7th St / Walnut Ave
View more facts & features

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Sale History for 1613 E 7th St

View property's historical transactions
  • March, 2024

  • Mar 25, 2024

    Date

    Active

    CRMLS: PW24059493

    $989,900

    Price

Tax History for 1613 E 7th St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1613 E 7th St is listed 23.75% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $255.39 per/sqft which puts the price per square foot 60.34% 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 $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 23.75% higher than the median priced home. Local competing homes currently for sale include 8852 S Western Ave, 665 W Florence Ave and 1331 W Florence Ave. While the average home in Long Beach, CA is selling in 54 days, 1613 E 7th St has a days on market of 30 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 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
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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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.