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362 Redondo Ave
Long Beach, CA 90814
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Attractive Actual 5.18% CAP with Pro-Forma 6.43% CAP. Immediate Cash Flow from Day 1
- Copper Plumbing Thru-out (Per Seller's limited knowledge)
- New Exterior Painting Completed in 2024
Property Facts
| No. Units | 8 | Building Size | 7,463 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.54/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | CNR - Commercial and Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,463 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | CNR - Commercial and Residential |
Amenities
Unit Amenities
- Tile Floors
- Granite Countertops
- Hardwood Floors
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | 825 |
| 4+2 | 1 | - | 1,300 - 1,688 |
Property Taxes
| Parcel Number | 7257-015-018 | Improvements Assessment | $1,006,976 |
| Land Assessment | $2,349,614 | Total Assessment | $3,356,590 |
Property Taxes
Parcel Number
7257-015-018
Land Assessment
$2,349,614
Improvements Assessment
$1,006,976
Total Assessment
$3,356,590
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