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James Studnicka Jr.

jcsjr23@gmail.com +1(310) 994-6034

Listed by Justin White • Justin White

$ 4,200,000

Est. payment -/mo

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433 West 7th Street Long Beach, CA 90813

11,015 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 11,015 sqft

Price per Sqft $381

Subdivision Downtown

MLS Listing ID PW-25100476

Style Spanish

Year Built 1931

Lot Size 8,395 Sqft

Property Sub-Type Commercial/Residential

Property Description

We are pleased to present the exceptional opportunity to acquire a beautifully maintained, fully occupied, 17-unit multi-family property located at 433 W. 7th St, Long Beach, CA 90802. This historic Spanish-style building, constructed in 1931, combines architectural charm with modern upgrades, offering an ideal investment in the vibrant Long Beach market. Prime Location: Located in the heart of Downtown Long Beach, the property is just minutes from world-class dining, entertainment, shopping, and the waterfront. Residents enjoy easy access to major transportation routes, including the 710 Freeway, as well as close proximity to public transit options. Architectural Charm: This 1931 Spanish-style building retains much of its original architectural appeal, featuring two elegant rotundas framing the second-story landing and a gated entry that leads into a lushly landscaped courtyard. These charming elements create a welcoming atmosphere for tenants. Upgraded Units: The 17 units have been thoughtfully upgraded to maintain their vintage appeal while incorporating modern ?nishes. Most units feature luxurious granite countertops and pedestal sinks in the bathrooms. High 10' ceilings throughout the building provide a spacious, airy feeling for tenants. Generous Unit Sizes: With a total building square footage of 11,015, the property offers an average unit size that is both generous and comfortable, providing ample living space for each of its residents. The well-appointed apartments appeal to long-term tenants who value quality and comfort. Rooftop Patio: The property features a private rooftop patio, offering stunning views of the city and coastline. This tranquil outdoor space provides tenants with an opportunity to enjoy relaxation, social gatherings, and scenic views, enhancing the overall living experience. Individually Metered: The property is individually metered for both gas and electricity, making it easier to manage utility costs and providing an ef?cient setup for tenants. ADU Potential: The property includes ?ve individual garages, offering potential for additional income through Accessory Dwelling Units (ADUs), subject to buyer veri?cation and city approval. This feature enhances the future income potential of the property.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Interior Features 2 Staircases, High Ceilings, Storage

Heating Wall Furnace

Cooling Gas

Flooring Wood

Fireplaces Type Bath, Gas, Patio

Laundry Common Area

Exterior

Parking Features Garage - Single Door, Assigned

Garage Spaces 5.0

Pool None

Community Features Curbs, Gutters, Sidewalks

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available

View Y/N Yes

View Panoramic, Coastline

Building

Lot Description 16-20 Units/Acre

Sewer Public Sewer

James Studnicka Jr.

Agent | License ID: 01467393

+1(310) 994-6034

James Studnicka Jr.

433 West 7th Street Long Beach, CA 90813

Key Details

Location

Interior

Exterior

Building

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433 West 7th Street