$1,295,000
For Sale

2703 E 7th Street

Long Beach, CA 90804
0.08 acres | #PW24214337
Listing OfficeCompass
Browse 9 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • 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

Carmen ShiauReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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