Four-Unit Quadplex with
For Sale
$975,000
Pending
1443 E 7th, Long Beach, CA 90813
Long Beach, CA
Property Size3,588 SF
Lot Size0.16 Acres
Days on Market214
Property Features for 1443 E 7th
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3
Parking
4
Window features
Wood Frames
Lot features
0-1 Unit/ Acre
Directions
East of Martin Luther King Jr. and West of PCH
Subdivision
4 - Downtown Area, Alamitos Beach
Standard status
Pending
APN
7266001018
Lot size
0.16 Acres
Utilities
Water source
Public
Building Details
Year built
1922
Floors in Building
2
Number of units
4
Listing Agency:
Century 21 Allstars · Century 21 Real Estate
(562) 863-2121
Listed By:
Jose Lua · License #01187731
(562) 818-6387
Added: Jan 27
Changed: Aug 29
Last Checked: Aug 29 at 5:06PM
MLS# DW26021665
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit residential property contains approximately 3,588 square feet of living space, with residences averaging nearly 900 square feet each. The layouts are described as spacious and functional, and the property includes four detached one-car garages. Potential exists for future second-bedroom conversions and possible ADU use of the garages, subject to buyer verification.
Built in 1922 on a 0.1574-acre lot, the property is connected to public water. The address is 1443 E 7th, Long Beach, CA 90813, with access to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, major transportation, and employment centers nearby.
Built in 1922 on a 0.1574-acre lot, the property is connected to public water. The address is 1443 E 7th, Long Beach, CA 90813, with access to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, major transportation, and employment centers nearby.
Key Highlights
- Four‑unit property with approximately 3,588 square feet of living space
- Residences average nearly 900 square feet per unit
- Four detached one‑car garages included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,469
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,649,380
$1.6M
Cap Rate 7%
$1,178,129
$1.2M
Cap Rate 9%
$916,322
$916.3K
Market Conditions
NOI Build-Up for 3,588 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$122.7K $34.20/SF
− Vacancy
−$4.9K −$1.36/SF
EGI
$117.8K $32.84/SF
− OpEx
−$35.3K −$9.85/SF
NOI
$82.5K $22.98/SF
Area
ZIP 90813
Vacancy
3.99%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,649,380
Cap Rate 7%
$1,178,129
Cap Rate 9%
$916,322
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M
NOI $82,469 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$1.09M
$950.0K – $1.27M
NOI $75,999 @ 7.0% cap · market cap 7.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,414
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Detached garages, spacious floor plans, and flexible layouts serve a four-unit residential property near established Long Beach amenities.
Where is this quadplex located?
The property is located at 1443 E 7th Long Beach, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Four‑unit property with approximately 3,588 square feet of living space; Residences average nearly 900 square feet per unit; Four detached one‑car garages included
