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Listed by John W. Stiegler II • Lyon Stahl Investment Real Estate, Inc.
$ 999,999
Est. payment /mo
Active
2703 7th Street Long Beach, CA 90804
1,543 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,543 sqft
Price per Sqft $648
MLS Listing ID SB-25036436
Year Built 1919
Lot Size 3,638 Sqft
Property Sub-Type Apartment
Property Description
INVESTMENT OPPORTUNITY! Property to be delivered vacant with RTI ADU plans! Zoned LBCNR, 2703-2705 E. 7th St. is a versatile duplex located in the highly sought-after 7th Street district of Rose Park/Circle in Long Beach. Situated on a prime corner lot, this property offers endless possibilities for an owner/user, investors, developers, or business owners. With a mix of commercial and residential zoning, the property allows for various potential uses - buyer to verify. The sale includes RTI (Ready-to-Issue) plans for an ADU, allowing for the option to expand to three units. Buyers can maintain the current configuration or complete the ADU project to maximize rental income. Each existing unit features 2 bedrooms, 1 bath, a spacious living room, a formal dining room, a full kitchen, and a large sitting porch. The property also includes a detached single-car garage, separate electric and gas meters, upgraded plumbing, new wall furnaces, and a recently renovated kitchen in Unit 2703. Currently operating as a successful independent living home, the property generates strong income. Do not let this opportunity pass you by, contact listing agents below.
Location
State CA
County Los Angeles
Interior
Laundry Dryer Included, Washer Included
Exterior
Parking Features Gated
Garage Spaces 1.0
Pool None
Community Features Sidewalks, Urban
Building
Lot Description Rectangular Lot
Sewer Public Sewer