1089 E 7th Street, Long Beach, CA 90813

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1089 E 7th Street,Long Beach, CA 90813
$1,399,900
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: kory jackson
Office: exp realty of california inc888-584-9427
MLS#:26870317
Source:CRMLS

Price summary

  • Price:$1,399,900

About this home

50% VACANT LONG BEACH FOURPLEX! Exceptional opportunity for an investor or owner-user at 1089 E. 7th Street. This approximately 3,020 SF quadruplex features two 2BR/1BA and two 1BR/1BA units, with two units currently vacant, providing immediate flexibility to renovate, reposition, and establish new rental income. Existing occupied rents are $2,300 for a 2BR and $1,700 for a 1BR. Applying those existing rents to the comparable vacant unit types indicates approximately $96,000 in annual stabilized gross scheduled income before consideration of additional market-rent upside. Located along Long Beach's historic 7th Street corridor within the original Coughran Tract. Offered at $1,399,900, approximately $349,975/unit. A compelling opportunity to acquire a fourplex where the buyer can immediately control 50% of the units while benefiting from existing income. Buyer to Cooperate with a 1031 Exchange.

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Home facts

  • Year built:1922
  • Subdivision & Development:The Coughran Tract
  • Listing ID #:26870317
  • Updated:August 11, 2026 at 02:31 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1922
  • Lot Features:Corners Marked, Rectangular Lot
  • Architectural Style:Traditional
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:2 Story

Finances and disclosures

  • Price:$1,399,900

Features and amenities

  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Parking description:On Street
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