3822 E 7th Street
Long Beach, CA 90804
Listing broker / agent: Lyon Stahl Investment Real Estate, Inc. · Joshua Barut · 562-457-8126 · CRMLS
MLS # SB26163180 · Last checked Oct 19, 2026 21:28 UTC
About this property
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 currently 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 5.81% CAP rate and 11.43 GRM on current in-place income, with upside to an achievable 8.46% Market CAP rate and 8.67 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 31% 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
Property details
- MLS number
- SB26163180
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.1151 acres
- County
- Los Angeles
- Year built
- 1924
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 63
Building
- Year built
- 1924
- Year built source
- Public Records
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Construction
- Copper Plumbing
- Roof
- Flat
- Foundation
- Raised
- Condition
- Updated Remodeled
Rooms & interior
- Rooms
- Bedroom, Entry Foyer, Kitchen, Living Room, Primary Bedroom, Other
- Appliances
- Gas Cooktop, Gas Oven, Microwave, Refrigerator, Water Heater
- Interior features
- Built In Features, Ceiling Fans, Crown Molding, High Ceilings, Bedroom On Main Level, Main Level Primary, Walk In Closets
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Common Area
- Accessibility features
- Safe Emergency Egress From Home, Parking
Exterior & parking
- Total parking spaces
- 3
- Garage spaces
- 3
- Carport spaces
- 0
- Parking
- Door Single, Garage
- Pool
- None
- Spa
- None
- Exterior features
- Lighting
- Lot features
- Zero To One Unit Acre, Back Yard
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs, Golf, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Jefferson Leadership Academies Long Beach Unified · Long Beach | 6–8 | 0.1 mi |
| Fremont Elementary Long Beach Unified · Long Beach | K–5 | 0.3 mi |
| Wilson High Long Beach Unified · Long Beach | 9–12 | 0.4 mi |
| Willard Elementary Long Beach Unified · Long Beach | K–5 | 0.6 mi |
| Bryant Elementary Long Beach Unified · Long Beach | K–5 | 0.6 mi |
| Mann Elementary Long Beach Unified · Long Beach | K–5 | 0.7 mi |
| Burbank Elementary Long Beach Unified · Long Beach | K–5 | 1.0 mi |
| Olivia Nieto Herrera Elementary Long Beach Unified · Long Beach | K–5 | 1.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,425,000
- MLS-reported original asking price
- $1,525,000
- MLS-reported previous asking price
- $1,475,000
- MLS-reported last price change
- 2026-09-11 18:12 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:38 | $1,425,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Long Beach
Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
105 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 22:08 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗