For Sale
House for sale at 1242 E 7th Street, Long Beach, CA 90813 | MLS# PW26065037 | Listing updated on 2026-06-17
Photo 1 of House for sale at 1242 E 7th Street, Long Beach, CA 90813 | MLS# PW26065037 | Listing updated on 2026-06-17
Photo 2 of House for sale at 1242 E 7th Street, Long Beach, CA 90813 | MLS# PW26065037 | Listing updated on 2026-06-17
Photo 3 of House for sale at 1242 E 7th Street, Long Beach, CA 90813 | MLS# PW26065037 | Listing updated on 2026-06-17
Photo 4 of House for sale at 1242 E 7th Street, Long Beach, CA 90813 | MLS# PW26065037 | Listing updated on 2026-06-17
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Listed by: Daniel Gomez (562) 266-7629 DRE #02081392, Shane Young DRE #01963090 | Younglewin Advisors, Inc. (562) 318-0215

$1,150,000

Monthly Est:$5,724

  • Beds Icon8 Beds
  • Beds Icon
    6 Baths
  • Beds Icon2,875sqft

1242 E 7th Street, Long Beach, CA 90813

$5,724/moEst:

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  • Apartment

  • Built in 1911

  • $-- HOA

  • 8,022 sqft lot

  • $400/sq.ft

Description

HUGE PRICE ADJUSTMENT, MOTIVATED SELLER. 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 accessible 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-fami...

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  • Houzeo last checked: 4 minutes ago
  • Listing updated: June 17, 2026 at 11:55 pm
  • Source: California Regional MLS-CA | MLS#: PW26065037 California Regional MLS-CA

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Building
1242 E 7th St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Long Beach

  • Neighborhood

    Franklin

  • Year Built

    1911

  • HOA Fees

    -

  • Finished Area

    2,875 sqft

  • Lot Size

    8,022 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    PW26065037

  • MLS Status

    Active

  • Days on Market

    178

  • Cumulative Days on Market

    84

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 6

Interior

  • Sewer

    Public Sewer

  • Cooling

    Wall Window Units

Utilities & Energy

  • Water Source

    Public

  • Fireplace Features

    None

  • Pool Features

    None

  • Laundry Features

    Common Area

Other Features

  • Lot Features

    Zero To One Unit Acre

  • Community Features

    Biking, Curbs, Dog Park, Golf, Hiking, Park, Sidewalks

Price History

DateEventPrice

06/11/2026

Source: mls_logoCalifornia Regional MLS-CA #PW26065037

Listed for Sale

$1,150,000

$400/sqft

05/27/2026

Source: mls_logoCalifornia Regional MLS-CA #PW26065037

Contingent (Active Under Contract)

$1,150,000 -4.17%

$400/sqft

04/15/2026

Source: mls_logoCalifornia Regional MLS-CA #PW26065037

Price Decreased

$1,200,000 -11.11%

$417/sqft

03/25/2026

Source: mls_logoCalifornia Regional MLS-CA #PW26065037

Price Decreased

$1,350,000 -20.12%

$470/sqft

03/18/2025

Source: mls_logoCalifornia Regional MLS-CA #PW25014615

Listed for Sale

$1,690,000

$588/sqft

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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 09:45PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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