28 days on rocket

733 E 7th St, Long Beach, CA, 90813

$1,224,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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733 E 7th St, Long Beach$1,224,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDoor-Single, Garage
Garage2 spaces
Year Built1918
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #PW24076609
Lot Size0.12 Acres
StatusActive

About 733 E 7th St

**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Stories: 2

Listing Office:

  • Office Name: Palazzo Realty Inc.
  • Office Phone: (562) 400-0091
  • Listing Agent: Wade Tettenburn

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Streets are Olive & 7th

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,224,000

Tax Information:

  • Annual Amount: $6,814
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

733 E 7th St vs Long Beach

28 DAYS ON ROCKET

-6 Days

$1,224,000

+$399.3K More

KEY TAKEAWAY

This property is $399.3K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24076609

Listing Office:

  • Office Name: Palazzo Realty Inc.
  • Office Phone: (562) 400-0091
  • Listing Agent: Wade Tettenburn

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 28, 2002Home Sold
$365,000
Dec 19, 1997Home Sold
$239,000
Oct 11, 1996Home Sold
$130,000
Mar 20, 1991Home Sold
$278,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,814$498,133
2020$6,717$493,026
2019$6,479$483,360
2018$6,412$473,883
2017$6,412$464,593

History based on county public records data.

Payment Calculator

$6,176

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,736

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-340617
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-340618
5
/10

  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-340619
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.49 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,404. Typical income of Long Beach, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90813›733 E 7th St

This home is located at 733 E 7th St in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1918, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,224,000.

Over 94 listings were sold over their listed price in October 2024 in Long Beach, CA. In the same period over 83 listings were sold below the listed price and 35 listings were sold for the listed price. In October 2024 in Long Beach, CA there were 0.1% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $824,667, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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