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Sold on 01/13/2025
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733 E 7th St, Long Beach, CA 90813

$1,213,000

Last sold 01/13/2025 for $1.15M

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    bed

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    bath

Multi-family not for sale
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About 733 E 7th St

Property type Multi-family
Neighborhood
Year built 1918
HOA fee $0/month
Lot size 5,413 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.
Listed by
Listing Agent - Wade Tettenburn
Listing Agent Contact: 562-400-0091
Listing Office - Palazzo Realty Inc.
Source: CRMLS mls logo
MLS#PW24076609 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.1243
Lot Size (SqFt) 5413
Year Built 1918
Interior
Exterior
Building Area Square Feet, 4842
Parking Garage - Single Door
# Parking Spaces 2
# Garage Spaces 2
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Unknown, Other (OTHR)
Zoning LBCO
Directions Cross Streets Are Olive & 7th
APN 7274020018
Multifamily Details
Vacancy Allowance Rate 3
Operating Expense 38724
Gross Multiplier 11.51
Gross Scheduled Income 110640
$1.21M
Range: $1.05M-$1.37M
Last 30 days 
Rental est.: $1,353/month
Gross rent multiplier: 70.8
  • Jan 2025
    mls logo MLS # PW24076609
  • Jan 14, 2025 Sold
    $1,150,000
  • Nov 19, 2024 Pending
    —
  • Nov 6, 2024 Price Change
    $1,224,000 (-3.9%)
  • Oct 19, 2024 Listed
    $1,274,000 (+249.0%)
  • Jan 2025
    Public Records
  • Jan 13, 2025 Sold
    $1,150,000 (-6.0%)
  • Jan 2002
    Public Records
  • Jan 28, 2002 Sold
    $365,000
  • Year Property taxes Tax assessment
  • 2024
    $7,544 +1.7%
    $528,620 +2.0%
  • 2023
    $7,415 +6.2%
    $518,256 +2.0%
  • 2022
    $6,981 +2.5%
    $508,095 +2.0%
  • 2021
    $6,814 +0.3%
    $498,133
  • 2020
    $6,794 +4.9%
    $498,133 +3.06%
  • 2018
    $6,479 +1.1%
    $483,360 +4.04%
  • 2017
    $6,412 +8.0%
    $464,593 +2.0%
  • 2016
    $5,938 +4.0%
    $455,484
  • 2015
    $5,711
    —
  • 733 E 7th St
    $1.15M
  • Saint Mary
    $570K +29% y/y
  • 90813
    $579K +11% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stevenson 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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