Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 06/30/2025
  • Map Image
  • Map Image
  • Map Image

1930 E 7th St, Long Beach, CA 90813

$1,525,000

Last sold 06/30/2025 after 245 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
Learn about Long Beach's top local Real Estate agents

About 1930 E 7th St

Property type Multi-family
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 6,227 Sqft
Rental estimate
Property description
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Listed by
Listing Agent - Rick Applebaum
Listing Agent Contact: Rma@morganskenderian.com
Listing Office - Morgan Skenderian
Source: CRMLS mls logo
MLS#PW24222871 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Pending
Lot Size (Acres) 0.143
Lot Size (SqFt) 6227
Property Tax 22591
Year Built 1943
Interior
Laundry None
Exterior
Building Area Square Feet, 5406
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Zoning LBCNR
Directions South Of 8th Street And West Of Cherry Ave.
APN 7266023027
Multifamily Details
Vacancy Allowance 3834
Expense: Trash 2228
Operating Expense 46238
Cap Rate 4.59
Expense: Insurance 6000
Total Expenses 46238
Expense: Maintenance 6198
Expense: Water/ Sewer 2228
Gross Operating Income 123966
Expense: Electric 2228
Gross Multiplier 13.26
Gross Scheduled Income 127800
Expense: Fuel 2228
Expense: Gardener 1534
Rental est.: $1,353/month
Gross rent multiplier: 93.9
  • Jun 2025
    mls logo MLS # PW24222871
  • Jun 30, 2025 Sold
    $1,525,000
  • Apr 10, 2025 Pending
    —
  • Jan 30, 2025 Price Change
    $1,695,000 (-8.4%)
  • Oct 28, 2024 Listed
    $1,850,000 (+549.1%)
  • Jun 2025
    Public Records
  • Jun 30, 2025 Sold
    $1,525,000 (-10.0%)
  • Dec 2001
    Public Records
  • Dec 24, 2001 Sold
    $285,000
  • Year Property taxes Tax assessment
  • 2024
    $6,683 +1.9%
    $414,456 +1.99%
  • 2023
    $6,556 +5.9%
    $406,364
  • 2022
    $6,189 +2.8%
    $406,364 +4.02%
  • 2021
    $6,020 +0.3%
    $390,652
  • 2020
    $6,003
    $390,652
  • 1930 E 7th St
    $1.52M
  • Franklin School
    $495K +22% y/y
  • 90813
    $579K +11% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around Franklin School

Explore everything this neighborhood has to offer. Learn more about Franklin School.
View homes for sale in Franklin School
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Long Beach, CA

Nearby homes for sale in Long Beach, CA

Newest listings in 90813

  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90813
  • Franklin School
  • 1930 E 7th St
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by CRMLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
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.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.