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.
Property Details
Price:
$1,195,000
MLS #:
SB25036436
Status:
Active
Baths:
0
Address:
2703 7th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
90804
Lot Size:
3,638 sqft / 0.08 acres (approx)
Year Built:
1919
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Schools
Interior
Exterior
Community Features
Sidewalks, Urban
Garage Spaces
1.00
Lot Features
Rectangular Lot
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2703 7th Street Long Beach CA
- Area3 – Eastside, Circle Area
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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2703 7th Street
Long Beach, CA
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