2703 7th Street, Long Beach, CA, US, 90804
2703 7th Street, Long Beach, CA, US, 90804Basics
- Date added: Added 2日 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 1
- Lot size: 3638, 3638 sq ft
- Year built: 1919
- County: Los Angeles
- MLS ID: SB25036436
Description
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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.
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Location
- Directions: Turn left to merge onto I-405 S 0.2 mi Merge onto I-405 S 11.1 mi Take exit 32B to merge onto I-710 S toward Long Beach 3.3 mi Take exit 1C on the left toward Downtown Long Beach/Convention Ctr/Aquarium 0.3 mi Continue onto W Shoreline Dr 0.2 mi Take
- Lot Size Acres: 0.0835 acres
Building Details
- Water Source: Public
- Lot Features: RectangularLot
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: OneCommonWall
- Garage Spaces: 1
- Number Of Buildings: 1
Amenities & Features
- Pool Features: None
- Parking Total: 1
- Appliances: Dryer,Washer
Expenses, Fees & Taxes
- Trash Expense: $360
- Association Fee: 0
- Electric Expense: $180
- Fuel Expense: $180
- Insurance Expense: $1,852
- Water Sewer Expense: $1,080
Miscellaneous
- List Office Name: Lyon Stahl Investment Real Estate, Inc.
- Listing Terms: Cash,CashToNewLoan,Conventional,Exchange1031
- Common Interest: CommunityApartment
- Community Features: Sidewalks,Urban
- Attribution Contact: 310-447-2213