Skip To Content
    Return to Previous Page

    757 Redondo Avenue

    Long Beach, CA 90804
    • $1,825,000
    • STATUS: ACTIVE
    • ON SITE: 22 days
    • ID#: 302991372
    $1,825,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are excited to introduce 757 Redondo Avenue! This incredible Multi-family asset produces impressive income, and yet, has room to move! A beautiful building in an incredible neighborhood! Comprised of two 2bd x 1bth and two 1bd x 1bth, large open floorplans, onsite laundry and private parking Assets of this caliber rarely hit the market!! In detail; Each unit has been extensively upgraded Kitchen's are all new with stainless steel appliances, quartz counters, high end cabinetry and fixtures. Bathrooms u We are excited to introduce 757 Redondo Avenue! This incredible Multi-family asset produces impressive income, and yet, has room to move! A beautiful building in an incredible neighborhood! Comprised of two 2bd x 1bth and two 1bd x 1bth, large open floorplans, onsite laundry and private parking Assets of this caliber rarely hit the market!! In detail; Each unit has been extensively upgraded Kitchen's are all new with stainless steel appliances, quartz counters, high end cabinetry and fixtures. Bathrooms upgrades include; quartz counters, custom tile flooring, wainscot, all new mirrors and fixtures, toilets and tubs. Flooring; All new wood/laminate flooring throughout each and every unit. All new doors and dual pain windows throughout, along with all new interior/exterior/ paint, plumbing and electrical upgrades. Due to the extensive Improvements completed on the interiors and exterior of the building there is next to no maintenance required. This incredible asset is the epitome of everything thats great about multifamily investing in Southern California!

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.yournextcalihome.com/homes/112950282
    Print Image

    757 Redondo Avenue Long Beach, CA 90804

    • Price: $1,825,000
    • Status: ACTIVE
    • ID#: 302991372
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    Long Beach (90804)
    County:
    Los Angeles
    Area:
    Long Beach (90804)
    Property Description
    We are excited to introduce 757 Redondo Avenue! This incredible Multi-family asset produces impressive income, and yet, has room to move! A beautiful building in an incredible neighborhood! Comprised of two 2bd x 1bth and two 1bd x 1bth, large open floorplans, onsite laundry and private parking Assets of this caliber rarely hit the market!! In detail; Each unit has been extensively upgraded Kitchen's are all new with stainless steel appliances, quartz counters, high end cabinetry and fixtures. Bathrooms u We are excited to introduce 757 Redondo Avenue! This incredible Multi-family asset produces impressive income, and yet, has room to move! A beautiful building in an incredible neighborhood! Comprised of two 2bd x 1bth and two 1bd x 1bth, large open floorplans, onsite laundry and private parking Assets of this caliber rarely hit the market!! In detail; Each unit has been extensively upgraded Kitchen's are all new with stainless steel appliances, quartz counters, high end cabinetry and fixtures. Bathrooms upgrades include; quartz counters, custom tile flooring, wainscot, all new mirrors and fixtures, toilets and tubs. Flooring; All new wood/laminate flooring throughout each and every unit. All new doors and dual pain windows throughout, along with all new interior/exterior/ paint, plumbing and electrical upgrades. Due to the extensive Improvements completed on the interiors and exterior of the building there is next to no maintenance required. This incredible asset is the epitome of everything thats great about multifamily investing in Southern California!
    Exterior Features

    Lot Dimensions Approx 65 X 100 Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site CurbsSidewalks Spa N/K

    Interior Features

    Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

    Property Features

    Actual Cap Rate 3.36 Annual Expense Actual 31648 Buildings 2 Gross Rent Multiplier Actual 19.25 Gross Scheduled Income Actual 94800 Home Owners Fees 0.0 Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2250.0 Unit2 Rent Actual 2150.0 Unit3 Rent Actual 1750.0 Unit4 Rent Actual 1750.0 Zoning Assessor

    Listing provided courtesy of Kinnery's Brokerage House. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302991372-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302991372-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_302991372-1.jpg
    Logo
    The Legacy Real Estate Team
    10620 Treena St, Suite 230
    San Diego CA, 92131