1074 Redondo Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 7,782 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1989/2018 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Zoning | LBCNR | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,782 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1989/2018 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | LBCNR |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Granite Countertops
- Refrigerator
- Tub/Shower
- Breakfast Nook
- Dining Room
- Intercom
About 1074 REDONDO AVE , LONG BEACH, CA 90804
Kara Commercial as the exclusive listing agent, is pleased to present 1074 Redondo Avenue. This investment property consists of 8 large 2Bed/2Bath units located in Long Beach, California. Property is located on the Eastside neighborhood of the city. The area has a strong, diverse tenant base, easy transportation, retail shops, nightlife, dinning and very close to CalState University, Long Beach. 1074 Redondo Ave. is sitting on 6,125 sf lot, 7,782 rentable sf and offers parking, controlled access, private balconies, central air and heat and on-site laundry. Six out of 8 units have been renovated with upgrades (new appliances, restored kitchen cabinets, countertops, light fixtures, bathrooms and are vacant due to recent renovations. Long Beach’s low vacancy rate and stable market has made Long Beach an attractive market for investors. Given the the location, condition and current market, this is the perfect opportunity to own an investment property with substantial amount of upside to rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $1,900 | 972 |
Property Taxes
| Parcel Number | 7258-007-038 | Improvements Assessment | $836,637 |
| Land Assessment | $1,952,156 | Total Assessment | $2,788,793 |
Property Taxes
