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433 W 7th St, Long Beach, CA, 90813
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433 W 7th St Long Beach, CA, 90813

$3,888,000 Commercial for sale Other

We are pleased to present the 7th Street Property. This is a one-of-a-kind apartment community with Spanish Colonial architecture which offers a historic feel for the tenants. Located on 7th Street in Long Beach, one of the area’s major thoroughfares, residents are less than mile from the beach and near many shops and restaurants. Additionally, this building is individually metered for electricity and offers a rooftop deck that overlooks downtown Long Beach. The property is comprised of seventeen spacious units each with 10-foot ceilings. 11.08 GRM and 5.8% CAP Rate on In Place Income
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Property details

11,015 sqft interior area
Land area
8,395 sqft (0.19 acres)
Days on Verhouse
124
Address
433 W 7th St, Long Beach, CA, 90813
City of California
Long Beach
County
Los Angeles
Year Built
1931
District
Listing

Nearby major retailers

Costco
Lowe's
Trader Joe's
Mercedes-Benz
ALDI
Albertsons
Toyota
Walmart Supercenter
T-Mobile
Wholesale: 1
Do it yourself: 1
Supermarket: 5
Car: 1
Car repair: 1
Mobile phone: 1
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Listed by

Christopher Walker, Triqor Group
Name
Christopher Walker
License number
01905338
Brokerage company
Triqor Group
MLS #
CRPW24011196

Payment calculator

Calculate your monthly payments
Mortgage
$11,938
Taxes
$0
HOA dues
$0
$11,938 per month
Mortgage
$777,600 / 20%
2.28%
30 years
Your amount $11,938 / month

Lot details

TMK #7272018023
Lot Description
Other
Parcel nr.
7272018023

90813 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
—
no data
Costco
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no data
Hospital
—
no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
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no data

People living in 90813

44%
Families with children
National average: 39%
48%
Non family households
317,009
Population
$81,336
Average Income

Age & gender

Median age 34 years
More info

Commute types

79% commute by car
More info

Education level

20% have not graduated education
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Number of employees

3% work in education and healthcare
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Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for

$859.39k
Neighborhood average
sales price*
$637k
Neighborhood median
sales price*
465
Number
of sales*

Housing type

33% are small apartments
More info

Rooms

39% of the houses have 4 or 5 rooms
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Bedrooms

46% have 2 or 3 bedrooms
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Owners vs Renters

73% are renters
More info
13.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Jan 18, 2024
Date Event Price $/sqft Source
Jan 18, 2024 New Listing $3,888,000 0 MLS #CRPW24011196

Taxes of 433 W 7th St, Long Beach, CA, 90813

LBPD zoning / MLS #CRPW24011196
Zoning
LBPD

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Frequently Asked Questions about 433 W 7th St

What is 433 W 7th St?

433 W 7th St is a Commercial/Industrial propertywith 11,015 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

433 W 7th St, Long Beach, CA, 90813.

What comparable properties are nearby?

Comparable nearby commercial properties include 338 Cedar Ave, 914 N Loma Vista Dr, 1059 Pacific Ave, 1151 Daisy Ave, 1217 Cedar Ave, 208 W Anaheim St.

Based on information from the bridgeMLS as of 05-20-2024. 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.

Listing last updated on: Apr 24, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are Superior Grocery, 0.52 miles away and El Super, 0.55 miles away.
The 90813 zip area has a population of 317,009, and 44% of the families have children. The median age is 34.67 years and 79% commute by car. The most popular housing type is "small apartment" and 73% is renter.
Commercial For sale $3.89m 433 W 7th St, Long Beach, CA, 90813 Save House Remove from Saved