$1,399,900
- 6 Beds
- 4 Baths
- 3,020 sqft
1089 E 7th St, Long Beach, CA 90813
Est. Mortgage $8,835/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1922
$464/sqft
Open Parking
Local Information
-- mins to
About this House
What's unique:Upstairs unitMinimizing environmental noiseCharming building
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates an estimated NET OPERATING INCOME (NOI) OF $68,535, representing an approximate 4.90% CAP RATE at the offered price. The property also reflects an approximate 14.58 GRM, providing investors with an attractive combination of existing income, cash flow, and long-term ownership potential in the Long Beach rental market. Unlike opportunities that depend primarily upon future projections, 1089 E. 7th Street offers substantial EXISTING RENTAL INCOME from day one. The property's income profile makes it well suited for a long-term multifamily investor, portfolio buyer, or 1031 Exchange purchaser seeking replacement property with established cash flow. Located in Long Beach, the property provides access to one of Southern California's established rental markets and offers investors the opportunity to acquire a multifamily asset with approximately $96,000 in annual gross rental income while maintaining the potential for future rent growth, operational improvements, and long-term appreciation. PORTFOLIO OPPORTUNITY: 1089 E. 7th Street is being offered as part of a portfolio sale together with 117 W. 9th Street. The properties offer complementary investment strategies: 1089 E. 7th Street provides high existing income, and 117 W. 9th Street offers two vacant 2-bedroom units with owner-user and value-add potential. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer; also to independently verify all rents, expenses, income, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and all other property information.
Contact this Building
Last check for updates: about 13 hours ago
Listing courtesy of Kory Jackson DRE # 01315324, (310) 717-3720
eXp Realty of California Inc, (888) 584-9427
Source: CLAW, MLS#26870317

Home Details for 1089 E 7th St
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3020 Square Feet |
Appliances & Utilities Utilities: Utilities - OverheadAppliances: Gas Water Heater |
Heating & Cooling Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Mixed |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Mixed |
View No ViewView: None |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: CompositionOther Structures: NoneFoundation: Raised |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Frontage Waterfront: NoneRoad Frontage: Walk StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: In Street |
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Days on Market: 45 |
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Year Built Year Built: 1922 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional |
Building Construction Materials: Stucco |
Property Information Condition: Updated/RemodeledParcel Number: 7266005024 |
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Price List Price: $1,399,900Price Per Sqft: $464 |
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MLS Status: Active |
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Direction & Address City: Long Beach |
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Listing Agent Listing ID: 26870317 |
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Building Area Building Area: 3020 Square Feet |
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Lot Area: 2591.82 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Special, Electricity, Cable TV, Gas, Move In Fee |
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Owner Pays: Water, Grounds Care, OtherHas Rent Control |
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Mls Number: 26870317Listing Url |
Around this home
What Locals Say about Hellman
At least 104 Trulia users voted on each feature.
88 % Say there are sidewalks
77 % Say it's dog friendly
73 % Say it's walkable to restaurants
72 % Say car is needed
66 % Say it's walkable to grocery stores
61 % Say there's holiday spirit
51 % Say yards are well-kept
49 % Say kids play outside
49 % Say streets are well-lit
44 % Say they plan to stay for at least 5 years
40 % Say there's wildlife
40 % Say neighbors are friendly
36 % Say it's quiet
28 % Say people would walk alone at night
23 % Say there are community events
12 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated August 2026
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM
Home Value
Trulia Estimate
$1.36MSince last month
Decreased$44K (-3.1%)Since last year
Increased$422K (+44.9%)Since last sale
Increased$794K (+140%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +127% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.36M |
| August 2026 | $1.4M |
| July 2026 | $968K |
| June 2026 | $983K |
| May 2026 | $938K |
| April 2026 | $929K |
| March 2026 | $962K |
| February 2026 | $937K |
| January 2026 | $953K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $1,425,000 | 06/10/26 | 6 | 6 | 3,542 | |
0.32 | Multi-Family Home | $1,072,000 | 01/20/26 | 8 | 4 | 3,200 | |
0.30 | Multi-Family Home | $1,500,000 | 06/30/26 | 6 | 5 | 2,889 | |
0.27 | Multi-Family Home | $1,050,000 | 10/02/25 | 4 | 4 | 1,824 | |
0.32 | Multi-Family Home | $1,099,000 | 12/26/25 | 6 | 4 | 2,366 | |
0.28 | Multi-Family Home | $945,000 | 09/08/26 | 4 | 4 | 3,588 | |
0.20 | Multi-Family Home | $985,000 | 12/31/25 | 7 | 6 | 2,315 | |
0.39 | Multi-Family Home | $1,025,000 | 05/27/26 | 4 | 3 | 2,204 | |
0.58 | Multi-Family Home | $1,068,989 | 12/12/25 | 12 | 4 | 3,576 | |
0.52 | Multi-Family Home | $757,500 | 01/12/26 | 5 | 3 | 2,448 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $2,803,000 | 16 | 19 | 11,750 | Off Market | |
0.06 | $2,900,000 | 18 | 18 | 9,600 | For Sale | |
0.06 | $658,600 | 3 | 2.5 | 1,121 | Off Market | |
0.08 | $1,416,800 | 10 | 5 | 3,000 | Off Market | |
0.09 | $1,425,000 | 6 | 6 | 3,542 | Recently Sold | |
0.08 | $520,000 | 2 | 1 | 560 | Recently Sold | |
0.09 | $528,100 | 2 | 1 | 560 | Off Market | |
0.11 | $473,000 | 2 | 1 | 524 | Recently Sold | |
0.10 | $528,800 | 2 | 1 | 560 | Off Market | |
0.11 | $611,100 | 2 | 1.5 | 600 | Off Market | |
0.11 | $1,599,000 | 32 | 16 | 3,376 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 1, 2026 Source: CLAW #26870317 | Listed For Sale | $1,399,900 |
May 25, 2026 Source: Zillow Rentals | ListingRemoved | $1,800 |
Feb 22, 2026 Source: Zillow Rentals | PriceChange | $1,800 Price decreased by 10% |
Dec 30, 2025 Source: Zillow Rentals | PriceChange | $2,000 Price decreased by 5% |
Nov 23, 2025 Source: Zillow Rentals | Listed For Rent | $2,100 |
Apr 1, 2024 Source: Zillow Rentals | ListingRemoved | |
Mar 2, 2024 Source: Zillow Rentals | Listed For Rent | $1,900 |
Dec 30, 2018 Source: Agent Provided | ListingRemoved | $999,000 |
Nov 14, 2018 Source: Agent Provided | PendingToActive | $999,000 |
Aug 24, 2018 Source: Agent Provided | Pending | $999,000 |
Jun 23, 2018 Source: N/A | ListingRemoved | $1,500 |
Jun 23, 2018 Source: Agent Provided | Listed For Sale | $999,000 |
Jun 11, 2018 Source: N/A | Listed For Rent | $1,500 |
Sep 30, 2016 Source: N/A | Sold | $567,000 |
Aug 4, 2016 Source: Agent Provided | Pending | $599,900 |
Jul 23, 2016 Source: Agent Provided | PriceChange | $599,900 Price decreased by 23% |
Jun 20, 2016 Source: Agent Provided | Listed For Sale | $775,000 |
Dec 24, 2003 Source: N/A | Sold | $450,000 |
Jan 6, 2003 Source: N/A | Sold | $300,000 |
Feb 28, 2002 Source: N/A | Sold | $285,063 |
Apr 3, 1998 Source: N/A | Sold | $280,000 |
Dec 26, 1997 Source: N/A | Sold | $127,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $671,205 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-23 10:43:35 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 1089 E 7th St
- What is the estimated monthly payment for 1089 E 7th St?Based on a $1,399,900 list price with 20% down at today's rates, the estimated monthly payment for 1089 E 7th St in Long Beach, CA is approximately $9,124 (about $7,672 principal & interest, $1,377 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1089 E 7th St compare to homes in Long Beach?1089 E 7th St in Long Beach, CA is listed at $1,399,900, about 71% above the $820K median sale price in Long Beach.
- What do residents say about the Hellman neighborhood?Residents describe the Hellman neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Hellman, Long Beach.
- What are the closest schools to 1089 E 7th St?The closest schools to 1089 E 7th St in Long Beach, CA are Franklin Classical Middle School (rated 4/10), Lincoln Elementary School (rated 7/10), Polytechnic High School (rated 7/10).
- Does 1089 E 7th St have parking?Yes, 1089 E 7th St in Long Beach, CA has on-site parking.
- Is there a virtual tour of 1089 E 7th St?Yes, a virtual tour of 1089 E 7th St in Long Beach, CA is available.

