433 W 7th ST Long Beach, CA 90813
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID PW25100476
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1931
Lot Size 8,394 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Location: Located in the heart of Downtown Long Beach, the property is just minutes from world-class dining, entertainment, shopping, and the waterfront. Residents enjoy easy access to major transportation routes, including the 710 Freeway, as well as close proximity to public transit options.
Architectural Charm: This 1931 Spanish-style building retains much of its original architectural appeal, featuring two elegant rotundas framing the second-story landing and a gated entry that leads into a lushly landscaped courtyard. These charming elements create a welcoming atmosphere for tenants.
Upgraded Units: The 17 units have been thoughtfully upgraded to maintain their vintage appeal while incorporating modern ?nishes. Most units feature luxurious granite countertops and pedestal sinks in the bathrooms. High 10' ceilings throughout the building provide a spacious, airy feeling for tenants.
Generous Unit Sizes: With a total building square footage of 11,015, the property offers an average unit size that is both generous and comfortable, providing ample living space for each of its residents. The well-appointed apartments appeal to long-term tenants who value quality and comfort.
Rooftop Patio: The property features a private rooftop patio, offering stunning views of the city and coastline. This tranquil outdoor space provides tenants with an opportunity to enjoy relaxation, social gatherings, and scenic views, enhancing the overall living experience.
Individually Metered: The property is individually metered for both gas and electricity, making it easier to manage utility costs and providing an ef?cient setup for tenants.
ADU Potential: The property includes ?ve individual garages, offering potential for additional income through Accessory Dwelling Units (ADUs), subject to buyer veri?cation and city approval. This feature enhances the future income potential of the property.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD10
Interior
Interior Features High Ceilings, Multiple Staircases, Storage
Heating Wall Furnace
Cooling Gas
Flooring Wood
Fireplaces Type Bath, Gas, Outside
Fireplace Yes
Appliance Water Heater
Laundry Common Area
Exterior
Parking Features Assigned, Door-Single, Garage
Garage Spaces 5.0
Garage Description 5.0
Fence None
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Coastline, Panoramic
Roof Type Spanish Tile
Total Parking Spaces 5
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7272018023
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Window Bars
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
