Long Beach, CA 90804,2703 7th Street
Long Beach, CA 90804,2703 7th Street
Long Beach, CA 90804,2703 7th Street
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$999,999
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2 Beds
3 Baths
3,638 Sqft Lot
Price Dropped by $195K

2703 7th Street Long Beach, CA 90804

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25036436

Bedrooms 2

HOA Y/N No

Lot Size 3,638 Sqft

Property Sub-Type Res Income 2-4 Units

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.
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

Area Long Beach (90804)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Lot Size Range 1-3999 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.

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agent

Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

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2703 7th Street