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307 W 7th St, Long Beach, CA 90813

$602,000
Last sold 06/28/2017 for $365K
2
bed
2
bath

House not for sale

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About 307 W 7th St

Property type House

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 1,254 Sqft

Movoto estimate

Rental estimate

Property description

Great opportunity for First Time Buyers or Investors! Rental income producing property. No rent control area. Live in one unit, rent out the other. Charming Colonial Craftsman style Duplex. Close distance to the ocean, The Pike, Downtown and more!! Two studio units with separate entrances and yard space. There is room on the lot for expansion. Entire exterior has been beautifully repainted this week, concrete on front porch and the back steps has been sanded down and freshly re-coated. The pillars in the

Listed by

Listing Agent - Ann

Listing Office - Berkshire Hathaway HomeService

Source: San Diego MLS

MLS#OC17106333 • last updated 6 years ago

Movoto checked San Diego MLS for data 13 minutes ago

Overview
Cooling/AC	Wall/Window
Levels/Style	1 Story
Status	SOLD
Virtual Tour	N/A
SubType	Res Income 2-4 Units
MLS #	OC17106333
Lot Size (SqFt)	1254
Year Built	1920

Exterior

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Pool Desc	N/K

Location
View	City
Neighborhood	Downtown (DT)
County	Los Angeles
APN	7272019017
Zoning	LBPD10
Directions	West 7th St. / Pacific Ave. (between Magnolia Ave. And Long Beach Ave.)

Multifamily Details
Unit 2: # Bedrooms	1
Unit 1: # Total Baths	1
Unit 2: # Total Baths	1
Unit 1: # Bedrooms	1
Unit 2: Actual Rent	950
Total # of Units	2
# Units w/Cooling	2
Gross Scheduled Income	2300

$602K

Range: $421K-$782K

Last 30 days

Rental est.: $1,836/month

• Gross rent multiplier: 16.6

Lower your payment with the loan terms that fit you.

Jul 2017
MLS # OC17106333
Jul 1, 2017 Sold
$365,000
Jun 28, 2017 Sold
$365,000 (+1.7%)
May 31, 2017 Pending
—
May 13, 2017 Listed
$359,000
May 13, 2017 Listed
$359,000 (+43.6%)
Jul 2013
MLS # PW13092772
Jul 29, 2013 Sold
$250,000 (-9.1%)
May 18, 2013 Listed
$275,000 (+44.7%)
Oct 2010
MLS # P738203
Oct 31, 2010 Sold
$190,000
Oct 31, 2010 Sold
$190,000 (-2.6%)
Jun 4, 2010 Listed
$195,000
Jun 4, 2010 Listed
$195,000 (+119.1%)
Dec 2001
MLS # R17979
Dec 20, 2001 Expired
—
Oct 20, 2001 Listed
$89,000 (-2.2%)
Oct 2001
MLS # R16122
Oct 19, 2001 Expired
—
Aug 4, 2001 Listed
$91,000

307 W 7th St
$365K
Willmore City
$617K +23% y/y
90813
$550K +10% y/y
Long Beach
$699K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
701 Cedar Ave, Long Beach, CA 90813	$1,131,000	8/3	2,666	0.01
711 Cedar Ave, Long Beach, CA 90813	$979,000	3/2	1,531	0.01
337 W 7th St, Long Beach, CA 90813	$952,000	5/2	1,394	0.03
641 Cedar Ave, Long Beach, CA 90802	$803,000	4/1	2,080	0.04
347 W 7th St, Long Beach, CA 90813	$942,000	4/2	1,764	0.04
735 Cedar Ave #26, Long Beach, CA 90813	—	1/1	203	0.04
233 W 7th St, Long Beach, CA 90813	$643,000	3/2	1,258	0.05
743 N Del Rey Ct, Long Beach, CA 90813	$605,000	2/2	803	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.