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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2009 E 7th Street Long Beach, CA 90804
$4,995,000 0 beds, 0 baths
0 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
 Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

This is a 26-unit value-add mixed-use offering in Long Beach. The two-building property, which totals approximately 17,730 square feet, is in the Historic Rose Park District on the northeast corner of 7th Street and Cherry Avenue. It comprises 8 retail spaces, one studio, 12 one-bedroom apartments, and 5 two-bedroom apartments. With approximately 20% rental upside to capture, with some renovations and operational improvements, the asking price of $4,995,000 presents an attractive stabilized capitalization rate exceeding 6% on a prime corner location.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# OC25101601
List price is $4,995,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1959
0.28 acres
Lot size: 0.2800
Subdivision: Historic Rose Park
County: Los Angeles
Zoning: LBCCA
Parking description: None
Lot description: ThirtySixToFortyUnitsAcre
MLS area: 3 - Eastside, Circle Area

Last Updated: 5/7/2025

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This listing belongs to the 3 - Eastside, Circle Area MLS area

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Lat/Long: 33.775645, -118.167328.
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Listing Agent: Mike Marcu
Lic#: 01234982
Office Name: Mission Viejo

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Nearby Schools

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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