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$2,035,000

  • Sold
  • Closed
  • Multi-Family
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Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $232.42 and $217,500 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.

Full Property Details for 2521 E 7th St

General

  • Sold For: $2,035,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW24222928
  • Added to Site: 445 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 5

Location

  • Area: 699 - Not Defined
  • County: Los Angeles
  • Development Name: 699 - Not Defined
  • Driving Directions: South of 8th Street and West of Molino Ave.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 11
  • # Electric Meters: 11

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 9,358
  • Year Built: 1963

Unit Information

Unit 1

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

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 7

  • Number of Units: 3
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.1681
  • Lot Size Source: Assessor
  • Lot Description: Lot 6500-9999

Financial Considerations

  • Price Per Sq. Ft.: $217.46
  • Price Per Unit: 217500

Listed by Morgan Skenderian, Rick Applebaum and Morgan Skenderian, Damien Breaux
Sold by Realty One Group United, Austin Carr

Listing agents

— 2521 E 7th St —

  • Rick Applebaum

    Morgan Skenderian

  • Damien Breaux

    Morgan Skenderian

rma@morganskenderian.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2521 E 7th St

School District:Long Beach Unified School District
NameGradesDistance
Willard Elementary School, Long Beach, CA
1055 Freeman Avenue, Long Beach, CA 90804
K-50.4 mi
Jefferson Leadership Academies School
750 Euclid Avenue, Long Beach, CA 90804
6-80.7 mi
Wilson High School
4400 East 10th Street, Long Beach, CA 90804
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2521 E 7th St

Date
Details
Price
Change
Source
11/05/2025
Sold
$2,035,000
-6.44%
MLS
5/19/2025
Price Reduced
$2,175,000
-5.23%
MLS
1/30/2025
Price Reduced
$2,295,000
-8.2%
MLS
10/28/2024
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Morgan Skenderian, Rick Applebaum and Morgan Skenderian, Damien Breaux
Sold by Realty One Group United, Austin Carr

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2521 E 7th Street, Long Beach, CA 90804 (MLS# PW24222928) is a Multi-Family property that was sold at $2,035,000 on November 05, 2025. Want to learn more about 2521 E 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.