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3822 E 7th Street

Long Beach, CA 90804
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$1,525,000 $6,429/Mo
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Bed 6

Bed

Bath 5

Bath

SqFt5,014

Sqft(Lot)

We are pleased to present 3822 E. 7th Street, a well-maintained 5-unit multifamily investment opportunity located in the Belmont Heights submarket of Long Beach. This 5,014 SF lot benefits from extremely efficient lot coverage as it features (2) separate structures, a large central courtyard, and a communal outdoor barbeque area in the rear. The front structure consists of (4) 1 Bed/1 Bath units. These spacious, nearly identical units span approximately 750 square feet each and showcase the classic character and charm associated with vintage Belmont Heights apartments. The rear structure features (1) fully remodeled 2 Bed/1 Bath unit upstairs with approximately 950 SF of living area, which includes a master bedroom and walk in closet. Downstairs, there are (3) garages (one of which is curr ently being used for owner storage), and an on-site laundry room with leased units. Overall, the property has been meticulously maintained by ownership and features copper plumbing throughout with a consistently maintained main sewer line, exceptional unit interiors, and a recently inspected roof found to be in excellent condition. Priced at a 5.21% CAP rate and 12.47 GRM on current in-place income, with upside to an achievable 7.63% Market CAP rate and 9.47 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 33% rent upside is compounded by the building’s extremely efficient expense profile as owner-paid utility expenses have historically remained very low. Further, the prudent investor can increase NOI by transitioning to owner-operated laundry equipment and monetizing the garage currently used for owner storage. In addition, the configuration of the rear structure offers significant ADU appeal (buyer to verify). Lastly, this Belmont Heights location boasts a Walk Score of 92 (“Walker’s Paradise”) and is located near excellent schools, including Woodrow Wilson High School a mere half mile away. In addition, the property’s proximity to the Traffic Circle provides convenient access to the major economic and employment hubs of Los Angeles and Orange counties, supporting consistent tenant demand in this strong infill location

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,525,000

AD Id : 88435247

MLS Id : SB26163180

Beds : 6

Lot Size : 5,014 Sqft

Year Built : 1924

Garage : 3

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Interior Features

    BuiltInFeatures, CeilingFans, CrownMolding, HighCeilings, BedroomOnMainLevel, MainLevelPrimary, WalkInClosets
    Roof: Flat
    Appliances: GasCooktop, GasOven, Microwave, Refrigerator, WaterHeater
    Laundry Features: CommonArea
    Window Features: Blinds, Screens

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1924
    Building Area Total: 3946
    Construction Materials: CopperPlumbing
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 5014 Lot Size Acres: 0.1151 Lot Size Source: Assessor Lot Size Square Feet: 5,014 Lot Description: ZeroToOneUnitAcre,BackYard

    Property Information

    Subdivision: Belmont Heights (BH) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 102

  • Listing Price Information

    Listing Price: $1525000
    Cash, CashToNewLoan, Conventional

  • Tax Information

    Parcel Number: 7254026005 Tax Lot: 4

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 3 DoorSingle, Garage

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: 7th & Termino WaterSource: Public Security Features: SecurityLights
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 03:36

MLS: SB26163180 LISTED BY: Joshua Barut, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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