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2009 E 7th Street, Long Beach, CA 90804

Long Beach
Local realty services provided by:CENTURY 21 Affiliated
2009 E 7th Street,Long Beach, CA 90804
$4,250,000
  • 3 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC25101601
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,250,000

About this home

This 26-unit mixed-use investment is located at the high-visibility corner of 7th Street and Cherry Avenue in the Historic Rose Park District of Long Beacha walkable, rapidly evolving area surrounded by strong retail demand and stable residential tenancy. The two-building property totals approximately 17,730 square feet and features 7 ground-floor retail suites and 19 apartment units, consisting of 1 studio, thirteen 1-bed/1-bath units, four 2-bed/1-bath units, and one 3-bed/1-bath unit. The diverse mix of units and commercial spaces creates multiple income streams and flexible leasing opportunities. With rents significantly below market, the asset offers an estimated 2025% rental upside achievable through light renovations, management efficiencies, and targeted leasing. The retail spaces have historically maintained 8590% occupancy, while residential rents present further upside potential. At the asking price, the property delivers a capitalization rate approaching 6%, and a...

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Home facts

  • Listing ID #:OC25101601
  • Added:336 day(s) ago
  • Updated:April 09, 2026 at 01:48 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,250,000
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