433 W 7th ST, Long Beach, CA 90813 – PW25100476

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$3,900,000

Est. payment - /mo

8,394 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW25100476

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1931

Lot Size 8,394 Sqft

Property Sub-Type Mixed Use

Property Description

We are pleased to present the exceptional opportunity to acquire a beautifully maintained, fully occupied, 17-unit multi-family property located at 433 W. 7th St, Long Beach, CA 90802. This historic Spanish-style building, constructed in 1931, combines architectural charm with modern upgrades, offering an ideal investment in the vibrant Long Beach market.

Prime Location: Located in the heart of Downtown Long Beach, the property is just minutes from world-class dining, entertainment, shopping, and the waterfront. Residents enjoy easy access to major transportation routes, including the 710 Freeway, as well as close proximity to public transit options.

Architectural Charm: This 1931 Spanish-style building retains much of its original architectural appeal, featuring two elegant rotundas framing the second-story landing and a gated entry that leads into a lushly landscaped courtyard. These charming elements create a welcoming atmosphere for tenants.
Upgraded Units: The 17 units have been thoughtfully upgraded to maintain their vintage appeal while incorporating modern ?nishes. Most units feature luxurious granite countertops and pedestal sinks in the bathrooms. High 10' ceilings throughout the building provide a spacious, airy feeling for tenants.
Generous Unit Sizes: With a total building square footage of 11,015, the property offers an average unit size that is both generous and comfortable, providing ample living space for each of its residents. The well-appointed apartments appeal to long-term tenants who value quality and comfort.
Rooftop Patio: The property features a private rooftop patio, offering stunning views of the city and coastline. This tranquil outdoor space provides tenants with an opportunity to enjoy relaxation, social gatherings, and scenic views, enhancing the overall living experience.
Individually Metered: The property is individually metered for both gas and electricity, making it easier to manage utility costs and providing an ef?cient setup for tenants.

ADU Potential: The property includes ?ve individual garages, offering potential for additional income through Accessory Dwelling Units (ADUs), subject to buyer veri?cation and city approval. This feature enhances the future income potential of the property.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Interior Features High Ceilings, Multiple Staircases, Storage

Heating Wall Furnace

Cooling Gas

Flooring Wood

Fireplaces Type Bath, Gas, Outside

Fireplace Yes

Appliance Water Heater

Laundry Common Area

Exterior

Parking Features Assigned, Door-Single, Garage

Garage Spaces 5.0

Garage Description 5.0

Fence None

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Coastline, Panoramic

Roof Type Spanish Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 7272018023

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s),Window Bars

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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Listed by Justin White Justin White 714.231.2537

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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433 W 7th ST Long Beach, CA 90813

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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