$1,195,000
 $6,415 est/mo Sourced by Back At You

2703 7th Street,Long Beach, CA 90804

Long Beach, CA 90804

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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.

Details

MLS #SB25036436
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1919
Days On Site145
Listing Provided ByLyon Stahl Investment Real Estate, Inc. 310-425-9838 | John Stiegler II

Features

SQ Feet1,543
Garage1
Story(s)1
Units3
Building(s)1
Acreage0.08

Market Activity 90804

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90804
Area3 Eastside | Circle Area
Listing VS Median (in 90804)
Price:
$1,195,000
low | high
Med:
$699,900
91.430962343096% of Average
SqFt:
1,543
low | high
Med:
744
100% of Average
$ / SqFt:
$774
low | high
Med:
$941
28.532224321771% of Average
On site:
145
low | high
Med:
46.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $896K - $1.493M
SqFt: 1,000 - 1,500
Listing Updated: February 20, 2025 at 6:42:06 AM PST