2703 E 7th ST, Long Beach, CA 90804 – PW24214337

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW24214337

HOA Y/N No

Year Built 1919

Lot Size 3,637 Sqft

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.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBCNR

Interior

Heating Natural Gas

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop,Gas Oven,Gas Range,Tankless Water Heater,Dryer,Washer

Laundry Outside

Exterior

Garage Door-Single,Garage,Garage Faces Side

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Community Features Sidewalks

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Corner Lot,Yard

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7262017023

Energy Description 920.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard,Trust

Lease Land No