Home | Los Angeles County | Long Beach | 90813 | 721 E 7th
MLS: CRPW25229051 | Status: | Price: $2,450,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,501 | 1923 |
721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building. With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
| Field | Value |
|---|---|
| MLS # | CRPW25229051 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Robert Stepp
Keller Williams Realty Downey
License #: 01456379
Phone: (310) 774-3740
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Stevenson Elementary School | public | K-5 | 0.13 mi | 5 |
| Franklin Classical Middle School | public | 6-8 | 0.38 mi | 4 |
| Renaissance High School For The Arts | public | 9-12 | 0.43 mi | 8 |
| International Elementary School | public | K-5 | 0.43 mi | 5 |
| Lincoln Elementary School | public | K-5 | 0.52 mi | 7 |
| Roosevelt Elementary School | public | K-5 | 0.76 mi | 5 |
| Polytechnic High School | public | 9-12 | 0.80 mi | 7 |
| Edison Elementary School | public | K-5 | 1.02 mi | 3 |
| Burbank Elementary School | public | K-5 | 1.08 mi | 7 |
| Whittier Elementary School | public | K-5 | 1.11 mi | 5 |
| Chavez Elementary School | public | K-5 | 1.11 mi | 6 |
| Educational Partnership High School | public | 9-12 | 1.16 mi | 3 |
| Robinson Academy | public | K-8 | 1.33 mi | 5 |
| Washington Middle School | public | 6-8 | 1.33 mi | 4 |
| Jessie Nelson Academy | public | 6-8 | 1.46 mi | 3 |
| Burnett Elementary School | public | K-5 | 1.55 mi | 4 |
| Alvarado Elementary School | public | K-5 | 1.57 mi | 9 |
| Willard Elementary School | public | K-5 | 1.57 mi | 3 |
| Lee Elementary School | public | K-5 | 1.64 mi | 6 |
| Signal Hill Elementary School | public | K-5 | 1.71 mi | 8 |
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This listing information is up-to-date as of May 19, 2026. For the most current information, please contact Robert Stepp, (310) 774-3740.