Mixed-Use Corner
For Sale
$4,250,000
2009 E 7th St, Long Beach, CA 90813
Two-parcel corner mixed-use property with seven ground-floor retail suites and nineteen residential apartments.
Days on Market108
Property Features for 2009 E 7th St
General Information
Standard status
Active
Additional Details
Multifamily Units
19
Listing Agency:
Beverly & Company Luxury Properties
(310) 651-1906
Listed By:
Andrei Rafols · License #02020881
(310) 651-1906
Source:
Exprealty
Added: Apr 17
Changed: Jul 21
Last Checked: Jul 31 at 4:30PM
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 Beverly & Company Luxury Properties
Investment Insights
Based on property information with market context.
This two-parcel mixed-use corner investment includes seven ground-floor commercial retail suites and nineteen residential apartments. The property is described as having established long-term tenants anchoring both the commercial and residential components.
The asset is prominently positioned at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District, at 2009 E 7th St, Long Beach, CA, with proximity to the beach noted as approximately 10 minutes.
The offering is presented as an assumable loan opportunity, with terms cited at a 4.58% interest rate. Public remarks also note Long Beach’s selection as a major venue city for the 2028 Summer Olympics, including hosting 11 Olympic events.
The asset is prominently positioned at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District, at 2009 E 7th St, Long Beach, CA, with proximity to the beach noted as approximately 10 minutes.
The offering is presented as an assumable loan opportunity, with terms cited at a 4.58% interest rate. Public remarks also note Long Beach’s selection as a major venue city for the 2028 Summer Olympics, including hosting 11 Olympic events.
Key Highlights
- Two‑parcel corner mixed‑use property at the intersection of 7th Street and Cherry Avenue (Historic Rose Park District).
- Income mix includes seven ground‑floor retail suites and nineteen residential apartments.
- Established long‑term tenants in both commercial and residential components for immediate, predictable cash flow.
Property Analytics
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
5,153
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-parcel corner mixed-use property with seven ground-floor retail suites and nineteen residential apartments.
Where is this apartment building located?
The property is located at 2009 E 7th St Long Beach, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Two‑parcel corner mixed‑use property at the intersection of 7th Street and Cherry Avenue (Historic Rose Park District).; Income mix includes seven ground‑floor retail suites and nineteen residential apartments.; Established long‑term tenants in both commercial and residential components for immediate, predictable cash flow.
