638 E 7 ST 4 Unit Apartment Building $1,857,240 CAD ($464,310 CAD/Unit) 6.60% Cap Rate Long Beach, CA 90813

Voit Real Estate Services is proud to present for sale 638-644 E. 7th Street, Long Beach, CA 90813, a rare Multifamily Investment Opportunity, centrally located near downtown Long Beach. This property consists of one (1) Single Family Residence and a Tri Plex, originally built in 1951, situated on a single parcel, totaling approximately 0.07 Acres (2,997 SF of Land Area). The Single-Family Residence is two (2) Bedrooms, and the Tri-Plex consists of two units with three (3) Bedrooms on the ground floor and one second floor unit with Four (4) Bedrooms. With proximity to a variety of dining, retail, and entertainment amenities in downtown Long Beach, along with a highly desirable unit mix, this multifamily opportunity will ensure stable long term tenancies and consistent cash flow for investors.Long Beach is home to a major University, Cal State Long Beach, plans to host several Olympic Events for Summer 2028, and continues to enjoy major revitalization investments in the downtown corridor. The City of Long Beach, has a population of 450,000 residents and boasts the second largest Port on the West Coast, serving as a major metropolitan and economic hub for Sothern California and beyond.