2703 E 7th Street
Long Beach, CA 90804
0.08 acres | #PW24214337
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.
Property Details
- Lot DescriptionCornerLot, Yard
- Stories1
Measurements
- Acres0.0835
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1919
Material information
- FoundationRaised
Utilities / Energy Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionCircle (CA)
Location
- CountyLos Angeles
Financial Details
- Original List Price$1,295,000
Other
- MLS #PW24214337
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Julie Meraz (#PMERAJUL)
Listing Office: Compass (#PB19228)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.