321-323 7th St

A Versatile Property with Unmatched Potential! This one-of-a-kind, move-in ready home delivers incredible flexibility. Live comfortably in a spacious 3-bedroom, 2-bathroom residence, or leverage its legal two-unit setup for significant rental income. Designed for convenience and privacy, this unique property features two physical addresses (321 & 323 7th Street), two private entrances, and two separate electric meters. The inviting upper floor (321 7th Street) features 2 bedrooms, 1 bathroom, a cozy living room with a fireplace, and a beautifully remodeled kitchen complete with all new cabinets, countertops, and stainless steel appliances. You'll also find an updated bathroom and partial ocean views. Meanwhile, 323 7th Street downstairs provides a self-contained 1-bedroom, 1-bath unit with its own kitchen and living area, perfect for tenants or extended family. You'll appreciate the abundance of parking, including a 1-car garage and plenty of room for the second unit, a boat, or an RV. Plus, approved building plans are in place to expand the property, adding a master suite and balcony to the upper level, and an additional bedroom and family room to the lower unit. This presents an outstanding opportunity to maximize your investment. This is a chance you won't want to miss!

Days on Market

34 days

Current Status

Contingent

Original Price

$1,310,000

List Price

$1,310,000

On Market Date

Jun 23, 2025

Contingent Date

Jul 22, 2025

Property Type

Single Family Residence

District

900641 - East of Highway 1

Zip Code

94037

MLS ID

425045300

APN

036-022-080

Year Built

1958

Stories in Building

2

Possession

Close Of Escrow

Data Source

SFAR

Origin MLS System

Bed

3

Bath

2

Low-Flow Toilet(s), Tile, Tub w/Shower Over, Window

Parking

4

Attached, Garage Door Opener, Interior Access, RV Possible, Uncovered Parking Spaces 2+

SQ FT

1,370

SQ FT Source

Unavailable

Lot SQ FT

4,500.0

Lot Acres

0.1033 Acres

Kitchen

Breakfast Area, Quartz Counter

Dining Room

Dining/Family Combo

Living Room

Skylight(s)

Flooring

Laminate, Tile

Foundation

Concrete

Fire Place

Wood Burning, Wood Stove

Heating

Electric, Wall Furnace, Wood Stove

Laundry

Dryer Included, In Garage, Washer Included

Upper Level

Bedroom(s), Full Bath(s), Kitchen, Living Room

Views

Mountains, Ocean

Possession

Close Of Escrow

Architectural Style

Contemporary

Special Listing Conditions

Offer As Is

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.