INVESTMENT OPPORTUNITY! The property is ZONED *LBCNR, 2703-2705 E.7th St. – This Duplex is located in the sought after 7th Street commercial/residential district, of the Rose Park/Circle area of Long Beach. A Prime Corner Lot Location that allows for a variety of potential commercial and residential uses. LOTS OF POTENTIAL AND OPTIONS FOR USE! The City of Long Beach zoning guide can be referenced for uses. Also, an ideal choice for a Developer, Investor or potential business. Sale of the property includes Approved Plans to add an ADU to make it 3 units. Great Opportunity To Keep The Current Configuration Or Complete The ADU Project And Have A Total Of 3 Units.
Also a great property to make one unit your own home, while creating income with 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.