2703 E 7Th Street

Long Beach, CA 90804

$1,295,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1919

calendar_month Built

Property Description

INVESTMENT OPPORTUNITY! The property is ZONED *LBCNR, 2703-2705 E.7th St. - This Duplex is located in the sought after 7th Street commercial/residential district, of the Rose Park/Circle area of Long Beach. A Prime Corner Lot Location that allows for a variety of potential commercial and residential uses. LOTS OF POTENTIAL AND OPTIONS FOR USE! The City of Long Beach zoning guide can be referenced for uses. Also, an ideal choice for a Developer, Investor or potential business. Sale of the property includes Approved Plans to add an ADU to make it 3 units. Great Opportunity To Keep The Current Configuration Or Complete The ADU Project And Have A Total Of 3 Units. Also a great property to make one unit your own home, while creating income with the other. This property features two units. Each unit offers a cozy layout with 2 bedrooms and 1 bath, a main living room, bath, full kitchen, formal dining room, completely fenced front and back yard, and a large sitting porch. Approximately 772 Sq. Ft. per unit with one detached single car garage on the property. This commercially zoned duplex/property is currently and successfully utilized as an independent living home that generates excellent income. In addition, each unit has separate electric and gas meters, enhancing the possibilities. Upgraded plumbing with new wall furnaces. New kitchen in 2703 unit. Buyers are encouraged to conduct their own investigations and due diligence.

Listing Information

List Price $1,295,000
Status Active
MLS PW24214337
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1919
Lot Size 3,638
Structure Size N/A
DOM 14
Courtesy Of Compass
Listing Agent Julie Meraz DRE#01457585

Interior Features

Laundry Information
Location(s) Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Vinyl
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Julie Meraz, Compass 562-277-7866. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 9:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.