Four-Unit Detached Garage Apartment
1443 E 7th Long Beach, CA 90813
New
For Sale
$975,000
Four-unit property with nearly 900 sq. ft. per unit and four detached one-car garages, offering possible ADU or layout updates.
Property Size3,588 SF
Price / SF$271.74
Days on Market6
Property Features for 1443 E 7th
General Information
Standard status
Active
Size
3,588 SF
Property subtype
Investment
Building Details
Year Built
1922
Listing Agency:
Century 21 Allstars
(562) 818-6387
Listed By:
Jose Lua · License #01187731
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 29 at 11:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
Investment Insights
Based on property information with market context.
This four-unit Long Beach income property is described as offering spacious, functional floor plans, with approximately 3,588 square feet of living space total and nearly 900 square feet per unit. The seller notes each unit has potential for a future second-bedroom conversion (buyer to verify). The property also includes four detached one-car garages, and there is noted possible ADU potential (buyer to verify).
The location is presented as convenient to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, major transportation, and employment centers. Walk and transit indicators provided with the listing include a 87 walk score (very walkable) and a 50 transit score (good transit), with a bike score of 59 (bikeable).
Overall, the combination of larger unit sizes and detached garage structures supports flexible future options, subject to buyer verification of conversion and ADU possibilities.
The location is presented as convenient to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, major transportation, and employment centers. Walk and transit indicators provided with the listing include a 87 walk score (very walkable) and a 50 transit score (good transit), with a bike score of 59 (bikeable).
Overall, the combination of larger unit sizes and detached garage structures supports flexible future options, subject to buyer verification of conversion and ADU possibilities.
Key Highlights
- Four‑unit Long Beach property built in 1922 with approximately 3,588 SF total living space (about 900 SF per unit).
- Each unit averages nearly 900 SF with spacious, functional floor plans and potential for a future second‑bedroom conversion (buyer to verify).
- Four detached one‑car garages on‑site, with possible ADU potential (buyer to verify).
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.7k | $34.20 |
| − Vacancy | −$4.9k | −$1.36 |
| EGI | $117.8k | $32.84 |
| − OpEx | −$35.3k | −$9.85 |
| NOI | $82.5k | $22.98 |
3,588 SF · lease $34.20/SF/yr · vacancy 3.99% · expense 30.00%
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with nearly 900 sq. ft. per unit and four detached one-car garages, offering possible ADU or layout updates.
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 Long Beach property built in 1922 with approximately 3,588 SF total living space (about 900 SF per unit).; Each unit averages nearly 900 SF with spacious, functional floor plans and potential for a future second‑bedroom conversion (buyer to verify).; Four detached one‑car garages on‑site, with possible ADU potential (buyer to verify).
