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Sold on 06/27/2025
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1830 E 7th St, Long Beach, CA 90813

$1,004,000

Last sold 06/27/2025 for $2.56M

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    bed

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    bath

Multi-family not for sale
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About 1830 E 7th St

Property type Multi-family
Neighborhood
Year built 1919
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Parking 6 garage spaces
Rental estimate
Property description
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 10.95 GRM and 5.95% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are six garages that offer the opportunity for ADU conversion to capture additional rental income.
Listed by
Listing Agent - Robert Stepp
Listing Agent Contact: 310-463-2916
Listing Office - Keller Williams Realty Downey
Source: CRMLS mls logo
MLS#PW23166122 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.2679
Lot Size (SqFt) 11668
Year Built 1919
Interior
Laundry Inside
Exterior
Building Area Square Feet, 6044
# Parking Spaces 6
# Garage Spaces 6
Lot Description 11-15 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Alamitos Beach (AB), Alamitos Beach (AB)
Zoning LBCNR
Directions Cherry Ave & E 7th St
APN 7266023009
Multifamily Details
Operating Expense 75680
Cap Rate 5.75
Expense: Insurance 7200
Total Expenses 75680
Expense: Maintenance 7700
Expense: Water/ Sewer 3840
Gross Income 229968
Expense: Electric 4610
Gross Multiplier 11.4
Gross Scheduled Income 237080
Expense: Fuel 954
Expense: Gardener 1200
$1M
Range: $773K-$1.23M
Last 30 days 
Rental est.: $1,353/month
Gross rent multiplier: 158.1
  • Jul 2025
    mls logo MLS # PW23166122
  • Jul 4, 2025 Sold
    $2,566,842
  • May 21, 2025 Pending
    —
  • Jun 10, 2024 Price Change
    $2,595,000 (-2.1%)
  • May 17, 2024 Price Change
    $2,650,000 (-1.9%)
  • Mar 28, 2024 Price Change
    $2,700,000 (-3.6%)
  • Jan 9, 2024 Price Change
    $2,800,000 (-4.1%)
  • Oct 2, 2023 Price Change
    $2,920,000 (-2.7%)
  • Sep 5, 2023 Listed
    $3,000,000 (+64.4%)
  • Jun 2025
    Public Records
  • Jun 27, 2025 Sold
    $2,567,000 (-1.1%)
  • Jul 2017
    Public Records
  • Jul 7, 2017 Sold
    $1,825,000
  • Jul 2017
    mls logo MLS # PW17088139
  • Jul 7, 2017 Sold
    $1,825,000 (-2.9%)
  • Jun 8, 2017 Pending
    —
  • Apr 24, 2017 Listed
    $1,880,000
  • Year Property taxes Tax assessment
  • 2024
    $7,756 +1.8%
    $558,055 +2.0%
  • 2023
    $7,621 +6.3%
    $547,120 +2.0%
  • 2022
    $7,167 +2.2%
    $536,399 +2.0%
  • 2021
    $7,014 +0.3%
    $525,888 +1.04%
  • 2020
    $6,996 +5.1%
    $520,500 +2.0%
  • 2018
    $6,655 +144.7%
    $510,300 +194.92%
  • 2017
    $2,720 +7.4%
    $173,030 +2.0%
  • 2016
    $2,531 +3.6%
    $169,638
  • 2015
    $2,442
    —
  • 1830 E 7th St
    $2.56M
  • Franklin
    $534K +26% y/y
  • 90813
    $579K +11% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
Burbank Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. 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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