721 E 7th, Long Beach Property Listing: MLS® #PW25229051

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 6.67% 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.

721 E 7th, Long Beach Property Listing: MLS® #PW25229051 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25229051
  • 721 E 7th
  • Long Beach, CA 90813
  • $2,795,000
  • 0.17 Acres
  • Office: Keller Williams Realty Downey

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 6.67% 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.

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Essential Information

  • MLS® #PW25229051
  • Listing Price$2,795,000
  • Date ListedSeptember 30th, 2025
  • Days on Market1
  • Acres0.17
  • Lot Sq.Ft.7,501
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$2,828
  • Total Monthly Dues$235

Community Information

  • Address721 E 7th
  • AreaLONG BEACH (90813)
  • CityLong Beach
  • CountyLos Angeles
  • StateCA
  • Zip Code90813

Amenities

  • PoolN/K

Interior

  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on October 18th, 2025 at 5:41am PDT.