$1,395,000 - 757 Redondo Avenue, Long Beach

  • 0Beds
  • Baths
  • 3,006SQ. Feet
  • 0.15Acres

Turn-key fourplex not subject to rent control. Priced at an in-place 5.0% cap rate with additional upside in rent. Built in 1925, the front duplex consists are Two large 2 Bed + 1 Bath units with in-unit washer dryers. The rear duplex was built in 1956 and consists of Two spacious 1 Bed + 1 Bath units above Four one car garages. All four units have been extensively renovated with modern high end finishes, wood laminate flooring, custom tile work in bathrooms, white shaker cabinets, quartz counters and custom light fixtures throughout. Exterior improvements include a new roof on the rear duplex, all new dual pane vinyl windows, drought tolerant landscaping, new sod in front yards, new fencing and modern two-tone paint. The property presents a unique opportunity to purchase a low maintenance, turn-key asset with great in place cash flow in a non-rent controlled market.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:RS19139902
  • Price:$1,395,000
  • Bathrooms:0.00
  • Square Footage:3,006
  • Acres:0.15
  • Year Built:1956
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:757 Redondo Avenue
  • Area:Eastside, Circle Area (3)
  • Subdivision:Eastside (ES)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90804

Amenities

  • Parking Spaces:4
  • # of Garages:4

Interior

  • Appliances:Gas & Electric Dryer Hookup
  • # of Stories:1
  • Stories:One Level, Two

Exterior

  • Lot Description:Lot 6500-9999, Lot-Level/Flat, Near Public Transit, Park Nearby, Yard

Additional Information

  • Date Listed:June 19th, 2019
  • Days on Market:28
  • Zoning:LBCNR

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Circle (ca)

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Other (othr)

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  • Current Listings:
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  • HOA Dues:
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Provided By: Andrew Mcallister(01946829), Nationwide Real Estate Execs.

Based on information from California Regional Multiple Listing Service, Inc. as of July 18th, 2019 at 9:52am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.