Rare opportunity to acquire a spacious 1,814 square foot single-level home with a detached 2-car garage and an additional structure with its own electrical meter at 1075 E 71st St in Long Beach. This property offers multiple income stream opportunities and endless possibilities for the right buyer. The main house… Read More is a 3BD/2BA per tax records, currently configured as 2BD/2BA with a third room easily convertible back to a bedroom. The home features hardwood flooring throughout and a brick fireplace, all situated on a large lot with tremendous development potential. Whether you're looking to fix and flip for profit, buy and hold with ADU rental income, or renovate the main house to live in while developing the back for future income, this property delivers options. The separately metered rear structure offers immediate ADU development potential for savvy investors and owner-users alike. Sold as-is, the property needs full renovation including interior/exterior updates and major systems with some great features and condition of current kitchen. Long Beach continues to see strong appreciation and investor interest, with convenient access to the 710 Freeway, local shopping, dining, and parks. This is a tremendous value-add opportunity that won't last. Contact your real estate agent today to schedule a private showing and submit your offer. Properties like this move quickly in the current market. Read Less
Property listed by eXp Realty of California Inc, Jessica Nieto 562-714-2176
Listing Snapshot
Days Online
7
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,814
Lot Size
0.26 Acres
Year Built
1952
MLS Number
OC25251658
30 Days Snapshot Of 90805
$725k
+3%
(avg) sold price
25
+47%
homes sold
96
+39%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1952, Levels: One, Living area: 1814, 1 story, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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