2703 East 7th Street
Listed By Compass
Listed By Compass
Description
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.
Listing Agent
![Julie Meraz]()
julie.meraz@compass.comP: (562)-277-7866
Property Details for 2703 East 7th Street
Property Details for 2703 East 7th Street
| Status | Active |
|---|---|
| MLS # | PW24214337 |
| Days on Market | 2 |
| 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
Property Information for 2703 East 7th Street
- Tenant Pays: None
- Gross Income: $9,700
- Gross Scheduled Income: $117,000
- Net Operating Income: $107,640
- Operating Expense: $9,360
- Fuel Expense: $920
- Electric Expense: $840
- Insurance Expense: $4,000
- Trash Expense: $1,300
- Water Sewer Expense: $2,300
- Total Expenses: $9,360
- Tax Tract Number: 576...
- Tax Census Tract: 5769.04
- CFD/Mello-Roos Fee: $0
- Tax Lot: 38
- Assessments YN: No
- Assessments: None
- Community Features: Sidewalks
- Appliances: Gas Oven, Gas Range, Gas Cooktop, Tankless Water Heater
- Equipment: Dryer, Dryer Included, Outside, Washer, Washer Included
- Room Type: Kitchen, Living Room
- Water Heater Features: Tankless
- Water Heater Type: Tankless
- Laundry: Yes
- Laundry Features: Dryer Included, Outside, Washer Included
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Natural Gas
- Heat Source: Natural Gas
- Heating: Natural Gas
- Flooring: Vinyl
- Roof: Composition
- Entry Location: Front
- Fence: Yes
- Fence: Wood
- Fencing: Wood
- Foundation Details: Raised
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: Corner Lot, Yard
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Standard
- Water Source: Public
- Garage Spaces: 1
- Parking: Yes
- Parking Garage: Garage, Garage - 1 Car
- Parking Garage Spaces: 1
- Carport Spaces: 0
- Parking Features: Garage, Garage Faces Side, Garage - Single Door
- Builders Tract Name: Circle
- Builders Tract Code: Circle (CA)
- Unit Type Units Total: 2
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Negotiable
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $600
- Unit Type Total Rent: $9,600
- Unit Type Pro Forma: 4800
- Unit Type Type: 1
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
- Number With Range: 2
- Number With Refrigerator: 2
- Number With Disposal: 2
Property History for 2703 East 7th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2703 East 7th Street
Schools near 2703 East 7th Street
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Julie Meraz, DRE #01457585
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.