5-Unit Apartment
For Sale
$1,525,000
3822 E 7th St, Long Beach, CA 90804
Two separate structures surround a central courtyard and include garages, laundry facilities, and a remodeled two-bedroom residence.
Property SizeContact for details
Lot Size0.12 Acres
Days on Market18
Property Features for 3822 E 7th St
General Information
Standard status
Active
Total Parking Spaces
3
Lot size
0.12 Acres
Property subtype
Residential Income
Financials
Cap Rate
5.21%
Gross Rent Multiplier
12.47
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
5
Amenities
communal outdoor barbeque area
on-site laundry room
central courtyard
Building Details
Buildings
2
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
(562) 457-8126
Listed By:
Joshua Barut · License #01971720
(562) 457-8126
Source:
Exprealty
Added: Jul 27
Changed: Aug 8
Last Checked: Aug 12 at 1:25PM
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 Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 5-unit apartment property at 3822 E. 7th Street in Long Beach occupies a 5,014 SF lot with two separate structures and a central courtyard. The front building contains four 1 Bed/1 Bath apartments of approximately 750 square feet each. A remodeled 2 Bed/1 Bath unit occupies the upper level of the rear structure and offers approximately 950 square feet, a master bedroom, and a walk-in closet. The lower level includes three garages, with one currently used for owner storage, plus an on-site laundry room with leased equipment. A rear barbecue area serves as an additional common amenity.
Property systems include copper plumbing, a consistently maintained main sewer line, and a roof recently inspected and found to be in excellent condition. Current operations are reported at a 5.21% CAP rate and 12.47 GRM, with a stated 33% rent upside. The property has a Walk Score of 92 and is located near Woodrow Wilson High School, approximately half a mile away, with access toward employment centers in Los Angeles and Orange counties via the nearby Traffic Circle.
Property systems include copper plumbing, a consistently maintained main sewer line, and a roof recently inspected and found to be in excellent condition. Current operations are reported at a 5.21% CAP rate and 12.47 GRM, with a stated 33% rent upside. The property has a Walk Score of 92 and is located near Woodrow Wilson High School, approximately half a mile away, with access toward employment centers in Los Angeles and Orange counties via the nearby Traffic Circle.
Key Highlights
- 5,014 SF lot with 5 apartment units across 2 separate structures
- Front structure includes (4) 1 Bed/1 Bath units of approximately 750 square feet each
- Remodeled upstairs 2 Bed/1 Bath unit offers approximately 950 SF
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
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 separate structures surround a central courtyard and include garages, laundry facilities, and a remodeled two-bedroom residence.
Where is this apartment building located?
The property is located at 3822 E 7th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 5,014 SF lot with 5 apartment units across 2 separate structures; Front structure includes (4) 1 Bed/1 Bath units of approximately 750 square feet each; Remodeled upstairs 2 Bed/1 Bath unit offers approximately 950 SF
