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$4,250,000
New Listing

2009 E 7th Street
Long Beach, CA 90804

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,516
SqFt
$652
/SqFt
1959
Built
County:
Los Angeles
Listed by Andrei Rafols of Beverly & Company Luxury Properties [email protected]
2009 E 7th Street2009 E 7th Street2009 E 7th Street2009 E 7th Street
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Monthly Payment (Est.)

$19,390
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Exceptional value-add opportunity in one of Long Beach's most sought-after, walkable neighborhoods now enhanced by a highly attractive assumable loan at a favorable 4.58% interest rate, offering significant financing upside in today's market. This two-parcel mixed-use corner investment is prominently positioned at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District, just minutes from the beach (approximately 10 minutes)a prime coastal location that continues to attract both residents and businesses.Long Beach is also set to take center stage as a major venue city for the 2028 Summer Olympics, hosting 11 Olympic events more than any city outside of Los Angeles . With global attention, infrastructure improvements, and increased tourism on the horizon, the area is poised for accelerated growth and long-term appreciation. The two-building portfolio features seven ground-floor commercial retail suites and nineteen residential apartments, delivering a diverse unit mix and multiple income streams. Established long-term tenants anchor both the commercial and residential components, providing immediate, predictable cash flow from day one. The retail spaces have historically maintained strong occupancy, while the residential units present additional upside through repositioning and rent growth. This is a rare opportunity to acquire a premier corner mixed-use asset in one of Long Beach's most desirable, high-demand submarkets combining in-place income, below-market assumable financing, proximity to the coast, and the powerful upside driven by the upcoming Olympics.

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Listing Snapshot
Price 
$4,250,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,516 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1441 Acres
Year Built 
1959
MLS® Number 
26742463
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
19 hours agoListing first seen on site
General Features
Acres 
0.1441
Number Of Stories 
2
Special Circumstances 
Standard
SqFt Total 
6516
Water Source 
Public
Zoning 
LBCCA
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Community Features
Financing Terms Available 
Conventional
MLS Area 
3 - Eastside, Circle Area


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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