Four-Unit Residential Income
1443 E 7th Long Beach, CA 90813
For Sale
$975,000
MULTI_FAMILY - Long Beach, CA
Property Size3,588 SF
Lot Size0.16 Acres
Price / SF$271.74
Days on Market179
Property Features for 1443 E 7th
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3
- Parking
- 4
- Window features
- Wood Frames
- Standard status
- Active
- 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
(562) 863-2121
Listed By:
Jose Lua · License #01187731
(562) 818-6387
Added: Jan 27
Changed: Jul 25
Last Checked: Jul 25 at 4:06AM
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 income property offers spacious, functional floor plans across all units, with each residence averaging nearly 900 square feet. The buildings are described as beautifully maintained, and the configuration includes four detached one-car garages.
The property sits in an established rental neighborhood in Long Beach, with public remarks noting convenience to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, and major transportation and employment centers.
Public remarks also indicate possible ADU potential, including the possibility of future second-bedroom conversions, though the buyer is advised to verify feasibility. The combination of detached garages and flexible unit layouts is presented as value-add opportunity for a long-term hold.
The property sits in an established rental neighborhood in Long Beach, with public remarks noting convenience to Downtown Long Beach, Belmont Shore, beaches, shopping, restaurants, schools, parks, and major transportation and employment centers.
Public remarks also indicate possible ADU potential, including the possibility of future second-bedroom conversions, though the buyer is advised to verify feasibility. The combination of detached garages and flexible unit layouts is presented as value-add opportunity for a long-term hold.
Key Highlights
- Four‑unit Long Beach property built in 1922 with approximately 3,588 sq. ft. total living space
- Unit sizes average nearly 900 sq. ft. per unit (buyer to confirm) with spacious, functional floor plans
- Four detached one‑car garages on the property
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four detached units each average nearly 900 sq. ft., with four detached one-car garages.
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 sq. ft. total living space; Unit sizes average nearly 900 sq. ft. per unit (buyer to confirm) with spacious, functional floor plans; Four detached one‑car garages on the property
