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Apartment For Sale
721 E 7th
Long Beach, California 90813
Los Angeles CountyCommunity: Downtown (DT)
$2,795,000
3 br, 3.0 bath
10464 sq. ft.
0.172 acres
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.
Interior:
- Bedrooms: 3
- Baths: 3.0
- Sq Ft: 10464
- Year Built: 1923
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.172 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof:
- MLS #: PW25229051
Contact Information:
Listing Agent: Robert Stepp, Keller Williams Realty SELA, 310-463-2916, 562-334-1500
Listing Site, Listing Status: Active
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6674361
Viewed 33 times.
Updated: Oct 01, 2025
