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2123 E 7th , Long Beach, CA 90804
$1,325,000
Est. Payment: $6,667.19/mo
3 Bed
2 Bath
0 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

We are pleased to present an exceptional Rose Park Multi-Family Investment Opportunity located in the highly desirable Rose Park neighborhood of Long Beach - 2123 E. 7th Street. Centrally located just blocks from the Pacific Ocean and the vibrant 4th Street dining and retail corridor, the property sits directly across the street from the renowned, Michelin-starred Heritage restaurant and newly developed $1 million condominiums. The expansive 6,058-square-foot oversized lot features three separate structures, comprising a large fourplex alongside two detached units. The asset offers a highly favorable unit mix consisting of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. Investors will benefit from major turnkey upgrades, including a new roof installed in 2020 and fully completed SB721 balcony compliance work. The property provides significant upside potential with straightforward value-add opportunities, including a potential garage conversion to an Accessory Dwelling Unit (ADU) and/or the addition of units built above the garages. Parking accommodations are also easily managed, featuring two single-car garages alongside convenient surface parking for tenants. *Property is located in an Opportunity Zone, which can provide preferential tax treatment for a buyer if they have capital gains to place. **2bedroom units are functionally two bedrooms and show as 1bedrooms on the tax roll. Buyer to verify.
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Highlights

Listed by Shane Young , 562-556-1118 Younglewin Advisors, Inc. , 562-318-0215. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.14

County

Los Angeles

 Neighborhood

Eastside (ES)

Listing ID

PW26171200

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$6,667
Taxes
$845

Home Price

$1,325,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$265,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,667.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,667.19 $844.69 $0.00 $7,511.88
Yearly $80,006.29 $10,136.25 $0.00 $90,142.54
Total $2,400,188.59 $304,087.50 $0.00 $2,704,276.09

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T20:21:00.000Z

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