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2703 7th Street
Long Beach, CA 90804
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 INFORMATION
| MLS # | PW24214337 | Lot Size | 3,638 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 1,295,000
Price Per SqFt: $ 839 |
DOM | 204 Days |
| Address | 2703 7th Street | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 1,543 Sq. Ft. |
| Postal Code | 90804 | Garage | 1 |
| County | Los Angeles | Year Built | 1919 |
| Bed / Bath | 2 / 0 | Parking | 1 |
| Built In | 1919 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Outside, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Oven, Gas Range, Gas Cooktop, Tankless Water Heater |
| Has Heating | Yes |
| Heating Information | Natural Gas |
| Room Information | Kitchen, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| Flooring Information | Vinyl |
| EntryLocation | Front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| FoundationDetails | Raised |
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,381
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/16/2024 | Listed | $1,295,000 |
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Listing provided courtesy of Julie Meraz, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
