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 $15,054/mo*
$2,450,000
Last Sold: May 18, 2026
12% below list $2.79M
$234/sqft
Est. Refi. Payment $15,054/mo*
14 Beds
16 Baths
10,464 sqft
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 19, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$234/sqft
Listed
180+ days ago
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 |
Last check for updates: about 3 hours ago
Listed by Robert Stepp DRE #01456379, (310) 463-2916
Keller Williams Realty Downey
Bought with: Aziz Zakkout DRE #01911009, (858) 859-9737, Zakkout Real Estate Services
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW25229051

Price History for 721 E 7th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/18/2026 | $2,450,000 | Sold | CRMLS #PW25229051 |
| 09/30/2025 | $2,795,000 | Listed For Sale | CRMLS #PW25229051 |
| 06/21/2022 | $3,305,000 | Sold | N/A |
| 03/18/2022 | $3,280,000 | Pending | CRMLS #CV22052753 |
| 03/16/2022 | $3,280,000 | Listed For Sale | CRMLS #CV22052753 |
| 09/30/2005 | $1,539,000 | Sold | N/A |
| 07/01/2004 | $1,200,000 | Sold | N/A |
| 01/07/2004 | $980,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $47,709 |
| Assessment | $3,511,292 |
Home facts updated by county records
Comparable Sales for 721 E 7th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $2,135,000 | 06/10/25 | 10 | 10 | 7,942 | |
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 | |
0.30 | Multi-Family Home | $2,025,000 | 12/31/25 | 16 | 8 | 6,144 | |
0.53 | Multi-Family Home | $2,480,000 | 08/13/25 | 12 | 10 | 7,045 | |
0.71 | Multi-Family Home | $2,590,000 | 10/03/25 | 14 | 10 | 8,945 | |
0.33 | Multi-Family Home | $4,700,000 | 12/05/25 | 24 | 28 | 14,376 | |
0.67 | Multi-Family Home | $3,325,000 | 05/12/26 | 11 | 13 | 7,906 | |
0.56 | Multi-Family Home | $1,850,000 | 12/22/25 | 11 | 11 | 6,087 |
Assigned Schools
These are the assigned schools for 721 E 7th St.
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
86 % Say it's walkable to grocery stores
86 % Say neighbors are friendly
80 % Say car is needed
67 % 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
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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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 2026-02-09 09:51:42 PST 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 2026-02-09 09:51:42 PST 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
Homes for rent near 721 E 7th St
721 E 7th St, Long Beach, CA 90813 is a 14 bedroom, 16 bathroom, 10,464 sqft multi-family built in 1923. 721 E 7th St is located in East Village, Long Beach. This property is not currently available for sale. 721 E 7th St was last sold on May 18, 2026 for $2,450,000 (12% lower than the asking price of $2,795,000).