Listed by Robert Stepp, Keller Williams Realty Downey, (562) 334-1500 . Bought with Zakkout Real Estate Services
721 E 7th St
Long Beach, CA 90813
East Village- 14 Beds
- 16 Baths
- 10,464 sqft
$2,450,000
Last Sold: May 18, 2026
12% below list $2.79M
$234/sqft
Est. Refi. Payment $14,770/mo*
$2,450,000
Last Sold: May 18, 2026
12% below list $2.79M
$234/sqft
Est. Refi. Payment $14,770/mo*
14 Beds
16 Baths
10,464 sqft
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | $1,605,000 | 04/29/26 | 14 | 7 | 5,707 | |
0.30 | Multi-Family Home | $2,200,000 | 09/29/25 | 16 | 9 | 7,122 | |
0.46 | Multi-Family Home | $2,600,000 | 10/31/25 | 19 | 12 | 10,113 | |
0.17 | Multi-Family Home | $1,650,000 | 06/30/26 | 9 | 9 | 7,131 | |
0.21 | Multi-Family Home | $2,600,000 | 03/06/26 | 3 | 22 | 8,543 | |
0.30 | Multi-Family Home | $2,025,000 | 12/31/25 | 16 | 8 | 6,144 | |
0.71 | Multi-Family Home | $2,590,000 | 10/03/25 | 14 | 10 | 8,945 | |
0.34 | Multi-Family Home | $1,560,000 | 07/14/26 | 11 | 10 | 5,864 | |
0.33 | Multi-Family Home | $4,700,000 | 12/05/25 | 24 | 28 | 14,376 |
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 |
|---|---|---|---|---|---|---|
0.03 | $2,155,000 | 12 | 11 | 6,792 | For Sale | |
0.02 | $1,605,000 | 14 | 7 | 5,707 | Recently Sold | |
0.02 | $1,196,500 | 14 | 4 | 4,842 | Off Market | |
0.08 | $555,000 | 1 | 1 | 714 | Off Market | |
0.07 | $839,000 | 3 | 2 | 1,382 | Off Market | |
0.09 | $660,000 | 4 | 2 | 1,313 | Recently Sold | |
0.06 | $1,044,000 | 4 | 4 | 1,824 | Off Market | |
0.06 | $579,000 | 3 | 1.5 | 1,050 | For Sale | |
0.09 | $1,213,300 | 6 | - | 4,222 | Off Market | |
0.08 | $668,600 | 2 | 1 | 940 | Off Market | |
0.09 | $411,100 | 1 | 1 | 626 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1923
Living Area
10,464 sqft
Price/Sqft
$234/sqft
About this House
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 6.88% 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.
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 St, Long Beach, CA 90813 is a 14 bedroom, 16 bathroom, 10,464 sqft multi-family in East Village, built in 1923. It last sold for $2,450,000 on May 18, 2026 (12% below the $2,795,000 asking price). It is currently off market. The Trulia Estimate rent is $2,720/month.
Home Details for 721 E 7th St
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Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 16 |
Appliances & Utilities Laundry: None |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 386 |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7274020015 |
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Price List Price: $2,795,000Price Per Sqft: $234/sqft |
Status Change & Dates Off Market Date: Mon May 18 2026 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Downtown (Dt) |
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Building Area Building Area: 10464 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7501 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Has Rent Control |
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Mls Number: PW25229051Living Area Range Units: Square FeetAttribution Contact: 310-463-2916Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7274020015-R-N |
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SidewalksSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 18, 2026 Source: CRMLS #PW25229051 | Sold | $2,450,000 |
Sep 30, 2025 Source: CRMLS #PW25229051 | Listed For Sale | $2,795,000 |
Jun 21, 2022 Source: N/A | Sold | $3,305,000 |
Mar 18, 2022 Source: CRMLS #CV22052753 | Pending | $3,280,000 |
Mar 16, 2022 Source: CRMLS #CV22052753 | Listed For Sale | $3,280,000 |
Sep 30, 2005 Source: N/A | Sold | $1,539,000 |
Jul 1, 2004 Source: N/A | Sold | $1,200,000 |
Jan 7, 2004 Source: N/A | Sold | $980,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $3,581,436 |
Home facts updated by county records
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Around this home
What Locals Say about East Village
At least 2 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to restaurants
100 % Say there are sidewalks
89 % Say neighbors are friendly
83 % Say car is needed
75 % Say it's walkable to grocery stores
71 % Say they plan to stay for at least 5 years
50 % Say there's holiday spirit
50 % Say parking is easy
40 % Say kids play outside
25 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 10:25:55 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 10:25:55 PDT and /or other sources. 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
Frequently asked questions about 721 E 7th St
- What is the price history for 721 E 7th St?721 E 7th St in Long Beach, CA last sold for $2,450,000 in May 2026.
- Is Long Beach a buyer's or seller's market?Long Beach is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Long Beach?The median sale price in Long Beach is $818K. That is up $12.5K from the prior month.
- What are the closest schools to 721 E 7th St?The closest schools to 721 E 7th St in Long Beach, CA are Franklin Classical Middle School (rated 4/10), Polytechnic High School (rated 7/10), Stevenson Elementary School (rated 5/10).