5 days on Rocket
$10,000 Closing Credit¹
#PW25088807, Susan Boyle, Listing Office: Reel Properties
$2,175,000 List price
2521 E 7th St Long Beach, CA 90804
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 2521 E 7th St
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.
Highlights
Home typeCondominium
StatusActive
Lot size0.1681 Acres
Year built1963
MLS #PW24222928
Garage5 spaces
Summary
- Garage Space: 5 spaces
- Private Pool: No
- List Price: $2,175,000
- Annual Tax Amount: $9,662
- Tax Year: 2024
- Directions: South of 8th Street and West of Molino Ave.
- Year Built: 1963
- Stories: 2
- Lot Size: 0.1681 Acres
- MLS Number: PW24222928
- MLS Name: CRMLS
- Office Name: Morgan Skenderian
- Office Email: rma@morganskenderian.com
- Listing Agent: Rick Applebaum
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 9:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,175,000
2521 E 7th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 24, 2001 | Home Sold | $420,000 |
| Jan 13, 1989 | Home Sold | $665,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $610,359 | $9,662 |
| 2023 | $598,433 | $9,484 |
| 2022 | $586,741 | $8,951 |
| 2021 | $575,278 | $8,701 |
| 2020 | $567,321 | $8,576 |
| 2019 | $556,198 | $8,276 |
| 2018 | $545,293 | $8,189 |
| 2017 | $534,602 | $8,189 |
History based on county public records data.
Nearby schools
6
Burbank Elementary School
Public District KG-5
0.2 mi
•501 Junipero Ave
5
Willard Elementary School
Public District KG-5
0.4 mi
•1055 Freeman Ave
5
Mann Elementary School
Public District KG-5
0.8 mi
•257 Coronado Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,923. The majority of Long Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
52%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
14%
Single, with Kids
13%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
44%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2521 E 7th St
The listing price of 2521 E 7th St property is $2,175,000.
The property 2521 E 7th St is a condo located in Long Beach, California, 90804.
Active Listing: 2521 E 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2521 E 7th St are: Burbank Elementary School (GreatSchools Rating 6/10), Willard Elementary School (GreatSchools Rating 5/10), Mann Elementary School (GreatSchools Rating 5/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Wilson High School (GreatSchools Rating 6/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $9,662 (source: MLS/based on county public records data).
The last sale was on December 24, 2001 for $420,000 (source: MLS/tax record).
The property at 2521 E 7th St has 0 bathroom.
The year of construction for 2521 E 7th St is 1963.
This home is located at 2521 E 7th St in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $2,175,000.
While more than 67 listings in Long Beach, CA in May 2025 were sold above asking price, there were more than 34 listings sold at asking price, and more than 61 were sold below. The inventory of homes for sale in Long Beach, CA between April and May 2025 increased by 2.4%. Listings spent 27 days on the market in May 2025, and had a median list price of $830,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.