New - 1 day on Rocket
$10,000 Closing Credit¹
#PW25030616, Shane Young, Listing Office: Younglewin Advisors, Inc.
$10,000
closing credit¹
2521 E 7th St Long Beach, CA 90804
$2,295,000 List price
$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 $245.24 and $229,500 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
- 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: 2/12/2025, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,295,000
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. Residents of Long Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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
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 $2,295,000.
In January 2025 more than 63 listings in Long Beach, CA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 53 were sold below. Between December and January 2025, Long Beach, CA real estate market has seen increase in the number of listings by 5.6%. Listings spent 42 days on the market in January 2025, and had a median list price of $825,147 during the same period.
From Rocket Homes Real Estate and based on county public records data.