2009 E 7th St, Long Beach, CA 90804
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2009 E 7th St, Long Beach, CA 90804
2009 E 7th St, Long Beach, CA 90804
2009 E 7th St, Long Beach, CA 90804
2009 E 7th St, Long Beach, CA 90804
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 4,250,000
Est. payment /mo
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2009 E 7th St Long Beach, CA 90804

11 Beds

11 Baths

6,516 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,516 sqft

Price per Sqft $652

MLS Listing ID 26742463

Bedrooms 11

Year Built 1959

Lot Size 6,276 Sqft

Acres 0.1441

Property Description

Exceptional value-add opportunity in one of Long Beach's most sought-after, walkable neighborhoods now enhanced by a highly attractive assumable loan at a favorable 4.58% interest rate, offering significant financing upside in today's market. This two-parcel mixed-use corner investment is prominently positioned at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District, just minutes from the beach (approximately 10 minutes)a prime coastal location that continues to attract both residents and businesses.Long Beach is also set to take center stage as a major venue city for the 2028 Summer Olympics, hosting 11 Olympic events more than any city outside of Los Angeles . With global attention, infrastructure improvements, and increased tourism on the horizon, the area is poised for accelerated growth and long-term appreciation. The two-building portfolio features seven ground-floor commercial retail suites and nineteen residential apartments, delivering a diverse unit mix and multiple income streams. Established long-term tenants anchor both the commercial and residential components, providing immediate, predictable cash flow from day one. The retail spaces have historically maintained strong occupancy, while the residential units present additional upside through repositioning and rent growth. This is a rare opportunity to acquire a premier corner mixed-use asset in one of Long Beach's most desirable, high-demand submarkets combining in-place income, below-market assumable financing, proximity to the coast, and the powerful upside driven by the upcoming Olympics.

Location

State CA

County Los Angeles

Area Eastside, Circle Area

Zoning LBCCA

Interior

Laundry Laundry Area

Building

Story 2

Water District

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Beverly & Company Luxury Properties

NEARBY SCHOOL & BUSINESS

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2009 E 7th St

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+1(510) 493-0442

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