2703 East 7th Street
$1,295,000
2
2
1,543
1,543
$839
Listed By Compass
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...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.
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.
Listing Agent
Property Details for 2703 East 7th Street
View
None
Parking Spaces Total1
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1543
LISTING UPDATED: 10/30/2024 07:03 AM
Property Details for 2703 East 7th Street
Status | Active |
---|---|
MLS # | PW24214337 |
Days on Market | 38 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1919 |
Lot Size | 0.08 AC / 3,638 SF |
County | Los Angeles County |
Building Information for 2703 East 7th Street
Stories1Residences-Year Built1919Building Size-Lot Size0.08 AC / 3,638 SF
Property Information for 2703 East 7th Street
Property History for 2703 East 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2703 East 7th Street
Taxable ValueLand$501,981Additions$111,770Total$613,751
Tax Record2024$8,195 ($683 / month)
Home Facts
Total Finished SqFt1,543 SqFtAbove Grade Finished SqFt1,543 SqFtLot Size3,638 SqFtStyleDuplexYear Built1919ZoningLBCNRCountyLOS ANGELESAPN7262-017-023
Schools near 2703 East 7th Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Willard Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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