1613 E 7th Street Long Beach, CA ^$ 989,900

1613 E 7th Street

^$ 989,900

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1613 E 7th Street

Long Beach, CA, 90813

^$ 989,900

Studio Baths0.0 Sq 3,876

Monthly Estimate*

^$ 6,579

Listed by Platinum Finance Properties

1613 E 7th Street, Long Beach, CA 90813 - Image 1

1613 E 7th Street, Long Beach, CA 90813 - Image 2

1613 E 7th Street, Long Beach, CA 90813 - Image 3

1613 E 7th Street, Long Beach, CA 90813 - Image 4

1613 E 7th Street, Long Beach, CA 90813 - Image 5

Studio

Commercial Property for sale in Long Beach, CA

for $989,900. This 3,876 square foot building was built in 1929 on a lot size of 0.1377.

Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.

Commercial Active

Price

^$ 989,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1377

Year Built

1929

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24059493

Days on Market

Features

Exterior

Lot Features Yard

Water Source Public

Lot Size Area 6000.0

Number of Buildings 2

Spa N

Building Area Total 3876.0

Street Suffix Street

Lot Size Acres 0.1377

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 1929

Property SubType MixedUse

County Los Angeles

Net Operating Income 23400.0

Operating Expense 5400.0

Insurance Expense 2200.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 7th St / Walnut Ave

City Long Beach

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 3

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units SquareFeet

Lot Size Square Feet 6000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 7th

Listing Terms Cash CashtoNewLoan Submit

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Trash Expense 500.0

Water Sewer Expense 1500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional MixedUse

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1613

* Excluded Features

List By

Platinum Finance Properties

Broker

(714) 379-2370

Phone

Affordability Calculator

$6,579

Per Month

Monthly Principal & Interest: $6,579
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Long Beach, CA

Average List Price ^$1,642,879

Percent of Sale Price 66%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$989,900		Listed Price

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1613 E 7th Street, Long Beach, CA, 90813 is a Commercial Property for sale at $989,900 with 3,876 sqft and a lot size of 0.1377. 1613 E 7th Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1613 E 7th Street

Commercial Property for sale in Long Beach, CA

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