$2,795,000 - 721 E 7th, Long Beach
- 3Beds
- 3Baths
- 0.17Acres
Long Beach Home For Sale
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.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- PoolNone
Additional Information
- Date ListedSeptember 30th, 2025
- Days on Market195
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #PW25229051
- Price$2,795,000
- Bedrooms3
- Bathrooms3.00
- Acres0.17
- Year Built1923
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
- Listing AgentRobert Stepp
- Listing OfficeKeller Williams Realty Downey
Exterior
- Lot DescriptionSixteenToTwentyUnitsAcre
Community Information
- Address721 E 7th
- Area4 - Downtown Area, Alamitos Beach
- SubdivisionDowntown (DT)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Interior
- # of Stories2
- StoriesTwo
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Similar Neighborhoods to "Downtown (DT)" in Long Beach, California
Back to ResultsDowntown (dt)
- City:
- Long Beach
- Price Range:
- $869,000 - $4,500,000
- Current Listings:
- 15
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
- City:
- Long Beach
- Price Range:
- $595,000 - $5,390,000
- Current Listings:
- 65
- HOA Dues:
- $0
- Average Price per Square Foot:
- $434
Eastside (es)
- City:
- Long Beach
- Price Range:
- $995,000 - $3,000,000
- Current Listings:
- 16
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 13th, 2026 at 2:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.