$2,795,000
721 E 7th
Long Beach, CA, 90813
Property Description
721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents.
The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building.
With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building.
With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
Property Details
Price:
$2,795,000
MLS #:
PW25229051
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Downtown DT
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Sep 30, 2025
Total Sq Ft:
10,464
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1923
Schools
Interior
Laundry Features
NO
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW
Financial
Maintenance Fee
$11,200
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a Showing
Mortgage Calculator
Similar Listings Nearby
Courtesy of Keller Williams Realty Downey. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 721 E 7th
Long Beach, CA
