Property Details
About this Property
Presenting 1242 E. 7th Street, Long Beach, a 3-unit multifamily property with a non-conforming bonus unit offering four income streams in one of Long Beach's most walkable and desirable coastal-adjacent neighborhoods, located less than one mile from Alamitos Beach. The true headline here is the development upside: the property sits on a generous 8,022 SF lot zoned CNR, a flexible bonus-density designation that supports a higher-density mix of residential uses than standard zoning, with access to Long Beach's Enhanced Density Bonus program and significant ADU expansion potential via SB 1211, California's most aggressive multi-family ADU law, which allows one detached ADU for every primary unit on site. For ADU enthusiasts, this lot is a dream come true. The lot size, zoning, and garage footprint check every box for maximizing ADU potential under current California law, making this one of the most ADU-friendly opportunities to hit the Long Beach market. The five detached garages and private laundry room, newly constructed in 2003, further add to the long-term redevelopment potential and additional income opportunities. Combined, these tools create a credible path to dramatically increasing the unit count and long-term asset value. Built in 1911, the property retains its original Cr
MLS Listing Information
MLS #
CRPW26065037
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Cooling
Window/Wall Unit
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
Contact Information
Listing Agent
Daniel Gomez
Younglewin Advisors, Inc.
License #: 02081392
Phone: (562) 318-0214
Co-Listing Agent
Shane Young
Younglewin Advisors, Inc.
License #: 01963090
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1242 E 7th St is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 8,022 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1911. This address can also be written as 1242 E 7th St, Long Beach, CA 90813.
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Daniel Gomez, (562) 318-0214
