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2703 E 7th Street

Long Beach, CA 90804
  • $1,295,000
  • STATUS: ACTIVE
  • ON SITE: 25 Days
  • ID#: PW24214337
UPDATED: 69 min ago
$1,295,000
  • 2
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Exciting Investment opportunity! 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. The property is ZONED *LBCNR and 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. This is a great opportunity to own a duplex and live in one unit and rent out 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. Exciting Investment opportunity! 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. The property is ZONED *LBCNR and 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. This is a great opportunity to own a duplex and live in one unit and rent out 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/156843351
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2703 E 7th Street Long Beach, CA 90804

  • Price: $1,295,000
  • Status: ACTIVE
  • On Site: 25 Days
  • Updated: 69 min ago
  • ID#: PW24214337
2
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Long Beach (90804)
County:
Los Angeles
Area:
Long Beach (90804)
Property Description
Exciting Investment opportunity! 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. The property is ZONED *LBCNR and 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. This is a great opportunity to own a duplex and live in one unit and rent out 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. Exciting Investment opportunity! 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. The property is ZONED *LBCNR and 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. This is a great opportunity to own a duplex and live in one unit and rent out 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.
Exterior Features

Pool N/K Roof Composition Site Corner LotSidewalks Spa N/K

Interior Features

Cooling N/K Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Units With Range Oven 2 Units With Refrigerators 2 Water Heater Type Tankless

Property Features

Annual Expense Actual 9360 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 117000 Home Owners Fees 0.0 Tenant Pays N/K Terms Conventional Unit Number For Unit1 1 Unit1 Rent Actual 600.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Julie Meraz of Compass: 562-277-7866. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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