$1,300,000

Estimated payment $8,698/month

Total Views 2,121
3 Beds
6 Baths
3,133 Sq Ft
$415 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Ceiling Fan
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

2415 E. 7th Street presents a rare 5-unit investment opportunity in one of Long Beach’s most walkable and lifestyle-driven Rose Park neighborhood, near the corner of 7th Street and Junipero Avenue. The property features a detached front house offering 2 bedrooms, 2 bathrooms, a private two-car garage, and two additional parking spaces — a highly desirable setup that feels more like a single-family residence than a rental unit. The rear building consists of a well-maintained 4-plex with two downstairs units and two upstairs units, comprised of three studio apartments and one 1-bedroom unit. The property is individually metered for gas and electricity, helping minimize owner expenses and improve operational efficiency. This asset offers investors a compelling combination of in-place income, strong rental demand, and long-term upside in a highly sought-after Long Beach location. This property has been well cared for over the years and benefits from its proximity to local dining, coffee shops, transportation, and the vibrant coastal lifestyle that continues to attract quality tenants to the area. Opportunities to acquire a clean, well-positioned five-unit property with a detached owner-style residence and strong unit mix are increasingly difficult to find in today’s market.

Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 05/22/2026

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 up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,133 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1951
  • Assessor Parcel Number 7262020012
  • $1,048 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
  • Gross Income $120,156
  • Net Operating Income $80,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,589 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Rose Park
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7262020012
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 414.94
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Oven
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4589.00
  • Lot Size Acres: 0.1053

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Garage Income: 2400.00
  • Gross Income: 120156.00
  • Gross Scheduled Income: 120156.00
  • Lot Size Area: 4589.0000 Square Feet
  • Net Operating Income: 80411.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 39745.00
  • Other Income1: 1200.00
  • Other Income Description: storage
  • Rent Control: Yes

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 1951
  • TaxOtherAnnualAssessmentAmount: 1048.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,114 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2026 05/22/26 For Sale $1,300,000 -5.4% $415 / 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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26108345

California Regional Multiple Listing Service (CRMLS)
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