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116 Redondo Ave
Long Beach, CA 90803
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 3,900 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1922 |
| Zoning | LBR4R | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Zoning | LBR4R |
Amenities
Site Amenities
- Laundry Facilities
About 116 REDONDO AVE , LONG BEACH, CA 90803
Turn Key 6 unit Property in Belmont Heights. Units are renovated with updated floors and counters. Own in highly desirable Belmont Heights with a market 4.38% Cap Rate and an attainable 15 GRM. 3 bonus "office" rooms (each in a different unit). Both sewer lines have been replaced for the buildings this last year Plumbing replaced in entire building this year. All foundation work has been done.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,400 | 627 - 739 |
| 2+1 | 2 | $2,000 | 765 - 801 |
| Studios | 2 | $2,500 | 500 |
Property Taxes
| Parcel Number | 7264-012-003 | Improvements Assessment | $574,601 |
| Land Assessment | $1,479,176 | Total Assessment | $2,053,777 |
Property Taxes
Parcel Number
7264-012-003
Land Assessment
$1,479,176
Improvements Assessment
$574,601
Total Assessment
$2,053,777
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