Recently Viewed Properties
240 W 7th Street, Long Beach, CA 90813


  • Sold
  • Closed
  • Multi-Family
240 W 7th Street, Long Beach, CA 90813View this property at 240 W 7th Street, Long Beach, CA 90813
240 W 7th StreetLong BeachCA90813

Map & Location

Street View

Property Description

Sara's Apartment property is a 29 unit apartment community located in the bike friendly area of Downtown Long Beach. This asset offers investors the unique opportunity to acquire an investment property with a restricted cash flow for 7 years with a long term upside in appreciation value. Long Beach is a non-rent controlled market. The property was originally constructed in 1957 and features 19 (Studio) and ten (1 Bedroom) units, encompassing a gross building area of 15,650 square feet. The building features controlled-access entry, on-site laundry and attached covered parking garages for 14 units. The Subject Property is located at 240 E. 7th Street in the downtown neighborhood of Long Beach. Situated less than 7 blocks from
Ocean Boulevard, The Pike Outlet Marketplace, and a mile from the ocean, just 6 blocks from the major retailers and restaurants along Pine Avenue.

Full Property Detailsfor 240 W 7th Street


  • Sold For: $3,300,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: PW17035843
  • Added: 417 day(s) ago

Additional Information

  • Pool Description: None


  • Garage Spaces: 14


  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: 710 exit 6th Street; turn left on Cedar Ave.


  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 30
  • # Electric Meters: 30

Structural Information

  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 15,690
  • Year Built: 1957

Unit Information

Unit 1

  • Number of Units: 19
  • Total Bathrooms: 1

Unit 2

  • Number of Units: 9
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size Source: Assessor
  • Zoning: LBPD10
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $210.33
  • Price Per Unit: 110345

Listed by Coldwell Banker Commercial, George Bustamante and Becky Blair

What's Your Home Worth?

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Your Contact Information


Schoolsserving 240 W 7th Street

School District:Long Beach Unified School District
School Name
International Elementary School
700 Locust Ave, Long Beach, CA 90802
0.2 mi
Washington Middle School, Long Beach, CA
1450 Cedar Ave, Long Beach, CA 90813
0.7 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Ave, Long Beach, CA 90810
1.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 240 W 7th Street

Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 240 W 7th Street

Listed by Coldwell Banker Commercial, George Bustamante and Becky Blair

240 W 7th Street, Long Beach, CA 90813 (MLS# PW17035843) is a Multi-Family property that was sold at $3,300,000 on April 12, 2018. Want to learn more about 240 W 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.