337 E 7thLong Beach, CA 90813

Description

Opportunity to own a commercial and residential property near Downtown Long Beach. Located at 335 & 337 E 7th Street, the property features approximately 2,049 SF of total improvements across two buildings on a 7,561 SF lot, all within a single parcel. The vacant front commercial space offers approximately 1,000 SF and an opportunity for an owner-user to establish a business while receiving rental income from the rear residential portion. Two occupied residential rentals are currently leased month-to-month. The front commercial space is also available for lease, providing an opportunity to establish additional income. Beyond its existing use, the property offers potential for future redevelopment. Based on preliminary information obtained from the City, the site is within the PD-30 planning district, with reported development parameters including a maximum height of 150 feet, a 5.0 floor area ratio, and a parking exemption. Applied to the existing lot area, the stated FAR suggests approximately 37,805 square feet of potential floor area, subject to applicable regulations, project design, and City approval. With existing residential income, a vacant commercial component, and potential for a larger-scale development, the property presents multiple paths for acquisition, occupancy, and long-term investment. Nearby businesses include Carl’s Jr. and McDonald’s, with access to Long Beach Boulevard, Downtown dining and shopping, and waterfront attractions.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1895

Stories

1

Building area

2,049 Sq Ft

Lot size

0.17 acres

Days on market

23

MLS^® Listing#

PW26220714

Property Features

Laundry

None

Lot features

Rectangular Lot

Water source

Public

Parcel number

7273020024

Directions

Located on E 7th Street between Long Beach Blvd and Elm Ave.