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1819 E 7th St, Long Beach, CA 90813
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1819 E 7th St Long Beach, CA 90813

$1,550,000 Sold Price as of 04/09/2021
  • 10 Beds
  • 6 Baths
  • 4,408 Sq.Ft.
Sold
$1,550,000 Sold Price as of 04/09/2021 Refinance Your Mortgage
Map preview of 1819 E 7th St, Long Beach, CA 90813

Property Overview: 1819 E 7th St Long Beach, CA has 10 bedrooms, 6 bathrooms, 4,408 living square feet and 6,238 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1819 E. 7th Street is a 6-unit multifamily investment property in the City of Long Beach. 1819 E. 7th Street represents an opportunity to acquire a multifamily asset in one of the most desirable submarkets in Los Angeles County. While being centrally located in the heart of the city, the property benefits from being 2-miles (approximately) from the 710 Freeway and 2.5-miles (approximately) from the 405 Freeway. Within the city, residents enjoy easy access to public transit including the light rail Metro A Line which connects the City of Long Beach with Downtown Los Angeles. Built in 1923, the property consists of an excellent unit mix of two one-bedrooms and four two-bedrooms. The property also offers its residents convenient on-site amenities such as laundry, garage parking, secured entry, as well as, as a warm and inviting courtyard. 1819 E. 7th Street is located on the northside of 7th Street near the cross-streets of 7th St. and Cherry Avenue in the highly desirable neighborhood of Hellman. The property is just minutes from Cal. State Long Beach, 4th Street (Retro Row), Museum of Latin American Art, Shoreline Village, The Pike Outlets, the newly build Long Beach Exchange, as well as, numerous local shopping and dining options.

Listed by Christopher Arvizu | BRE #02069791 | Centurion Capital Investments
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
6,238
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21004028
City
Long Beach
County
Los Angeles
Time on Site
1339 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,595
  • Total Rent: $6,595
  • Pro Forma/Market Rent: $7,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $110,940
  • Net Operating Income: $68,585
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $37,409
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1819 E 7th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7267030003
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 7th Street & Cherry Avenue
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 1819 E 7th St

Last sold for $1,550,000 on April 9th, 2021

  • April, 2021

  • Apr 11, 2021

    Date

    Sold

    CRMLS: PW21004028

    $1,550,000

    Price

  • Feb 19, 2021

    Date

    Pending

    CRMLS: PW21004028

    $1,595,000

    Price

  • Jan 7, 2021

    Date

    Active

    CRMLS: PW21004028

    $1,595,000

    Price

  • July, 2014

  • Jul 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2005

  • Jan 10, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1819 E 7th St

Assessed Value (2020): $728,577
Year Land Value Improved Value Assessed Value
2020 $510,005 $218,572 $728,577

Home Value Compared to the Market

This property vs the competition

1819 E 7th St sold on April 9, 2021 for 94.75% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $361.84 per/sqft which puts the price per square foot 42.38% lower than the current median sale per square foot for the city of Long Beach.

About 1819 E 7th St

Detailed summary of property

1819 E 7th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 4,408 living square feet, and sits on an approximately 6,238 square foot lot. 1819 E 7th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,550,000. Home 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 94.75% higher than the current median priced home. Local homes that are currently for sale include 251 Loma Ave, 219 E 10th St and 1761 Redondo Ave. While the average home in Long Beach, CA is selling in 62 days, 1819 E 7th St has a days on market of 42 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1819 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 1819 E 7th St

Public county record property details
Beds
10
Baths
6
Year built
1923
Sq. Ft.
4,408
Lot Size
6,237
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7267-030-003

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
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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