4130 E 7th St, Long Beach, CA 90804
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4130 E 7th St Long Beach, CA 90804

$1,260,000 Sold Price as of 11/24/2020
  • 7 Beds
  • 6 Baths
  • 3,907 Sq.Ft.
Sold
$1,260,000 Sold Price as of 11/24/2020 Refinance Your Mortgage

Map preview of 4130 E 7th St, Long Beach, CA 90804

Property Overview: 4130 E 7th St Long Beach, CA has 7 bedrooms, 6 bathrooms, 3,907 living square feet and 6,157 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great location in this growing area of long beach, centrally located close to high school/college .easy access to freeways with a strong rental market .Upside potential on rents, upstairs has a 2 bedroom with den, another 2 bedroom and 3- one bedrooms.Property is 6 unit on title, so looks as if prior owners combined the upstairs unit.4 one car enclosed garages with common laundry area.. drive by only and walk thru with accepted offer...

Listed by David Macleod | BRE #00934704 | Coldwell Banker Realty
Co-listed by Lori Thompson | BRE #01897484 | Coldwell Banker Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
6,157
HOA Dues
$0/mo
Year built
1953
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
OC20160754
City
Long Beach
County
Los Angeles
Time on Site
1500 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,645
  • Total Rent: $1,645
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $92,940
  • Net Operating Income: $74,352
  • Gross Operating Income: --
  • Laundry Income: $100
Annual Expense Breakdown
  • Total Operating Expense: $18,588
  • Licenses: $50
  • New Taxes: $15,000
  • Trash: $1,200
  • Insurance: $2,300
  • Professional Management: $0
  • Water/Sewer: $800
  • Other Expenses: $2,400

Property Details for 4130 E 7th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Kitchen
Room Information
  • Flooring: Carpet, Vinyl
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Ceramic Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7254028012
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: //
  • Directions: on 7th between termino/ roswell
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters
View more facts & features

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Sale History for 4130 E 7th St

Last sold for $1,260,000 on November 24th, 2020
  • November, 2020

  • Nov 25, 2020

    Date

    Sold

    CRMLS: OC20160754

    $1,260,000

    Price

  • Oct 19, 2020

    Date

    Pending

    CRMLS: OC20160754

    $1,399,000

    Price

  • Aug 11, 2020

    Date

    Active

    CRMLS: OC20160754

    $1,399,000

    Price

  • November, 2020

  • Nov 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,260,000

    Price

  • November, 2016

  • Nov 16, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4130 E 7th St

Assessed Value (2020): $694,837
Year Land Value Improved Value Assessed Value
2020 $482,367 $212,470 $694,837

Home Value Compared to the Market

This property vs the competition

4130 E 7th St sold on November 24, 2020 for 70.82% 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 $358.08 per/sqft which puts the price per square foot 42.98% lower than the current median sale per square foot for the city of Long Beach.

About 4130 E 7th St

Detailed summary of property

4130 E 7th St is a apartment that recently sold in Long Beach, CA 90804. This apartment offered 7 bedrooms, 6 bathrooms, roughly 3,907 living square feet, and sits on an approximately 6,157 square foot lot. 4130 E 7th St was first listed on ArdentRealEstateGroup.com on August 11, 2020. The homeowner sold the property for $1,260,000. 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 70.82% higher than the current median priced home. Local homes that are currently for sale include 1120 Stanley Ave, 528 Cherry Ave and 1122 Cherry Ave. While the average home in Long Beach, CA is selling in 62 days, 4130 E 7th St has a days on market of 55 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 4130 E 7th St Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 4130 E 7th St

Public county record property details
Beds
7
Baths
6
Year built
1953
Sq. Ft.
3,907
Lot Size
6,156
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
7254-028-012

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), 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.