2415 E 7th St Long Beach, CA 90804
Rose Park NeighborhoodEstimated payment $9,029/month
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Woodrow Wilson High School Rated A
About This Home
6% cap rate! Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unit apartment building offers the ultimate in location and income potential, with the beach minutes away – perfect for enjoying sun, surf, and seaside strolls. The property boasts a desirable unit configuration, including a charming front 2-bedroom, 2-bathroom house complete with a 2-car garage and two extra parking spots. Ideal setup for owner occupant seeking cashflow. The rear structure houses four well-appointed units, consisting of studios and one bedrooms, designed for broad appeal in Long Beach's thriving rental market. Property is well maintained with multiple
upgrades and remodeling throughout. Added income is generated from the convenient on-site laundry room. Beyond its
proximity to the Pacific Ocean, this address provides effortless access to an array of amenities. Residents will appreciate the
short distance to California State University, Long Beach (CSULB), as well as the eclectic mix of restaurants, boutiques, and
entertainment found along the renowned 4th Street corridor. Embrace the quintessential Long Beach lifestyle in this
exceptional income-generating property. Easy show and sell.
Listing Agent
Keller Williams Pacific Estates Brokerage Phone: 562-355-8060 License #01281205 Listed on: 07/18/2025
Co-Listing Agent
Keller Williams Pacific Estate Brokerage Phone: 562-355-8060 License #01411207
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 4,589 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,133 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 6 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 1951
- Assessor Parcel Number 7262020012
- $952 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Net Operating Income $80,411
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,246 | $1,502,004 | $736,454 | $765,550 |
| 2024 | $19,246 | $1,472,554 | $722,014 | $750,540 |
| 2023 | $18,919 | $1,443,681 | $707,857 | $735,824 |
| 2022 | $17,756 | $1,415,375 | $693,978 | $721,397 |
| 2021 | $17,402 | $1,387,623 | $680,371 | $707,252 |
| 2020 | $13,228 | $1,029,690 | $636,724 | $392,966 |
| 2019 | $13,073 | $1,009,508 | $624,240 | $385,268 |
| 2018 | $12,717 | $989,720 | $612,000 | $377,720 |
| 2016 | $10,535 | $850,000 | $550,000 | $300,000 |
| 2015 | $4,519 | $339,656 | $209,020 | $130,636 |
| 2014 | $4,514 | $333,004 | $204,926 | $128,078 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $1,399,000 | +1.9% | $447 / Sq Ft | |
| 07/10/2020 07/10/20 | Sold | $1,373,500 | 0.0% | $522 / Sq Ft | View Prior Sale |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- | |
| 07/10/2020 07/10/20 | For Sale | $1,373,500 | +61.6% | $522 / Sq Ft | |
| 12/30/2015 12/30/15 | Sold | $850,000 | -14.9% | $323 / Sq Ft | View Prior Sale |
| 12/05/2015 12/05/15 | Pending | -- | -- | -- | |
| 10/22/2015 10/22/15 | For Sale | $999,000 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25162596
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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