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757 Redondo Avenue, Long Beach, CA 90804
$1,546,000
757 Redondo Avenue, Long Beach, CA 90804View this property at 757 Redondo Avenue, Long Beach, CA 90804
757 Redondo AvenueLong BeachCA90804
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Property Description
Amazing opportunity to own this Four Unit Income Producing Property in the city of Long Beach. This Gorgeous Building sits on a Large 6,507 sqft lot, and features 4 Extensively Remodeled Units. Including 2 Detached Buildings with Two 2 Bedroom and 1 Bathroom Spacious Units with Private Front Yard in the front, and Two 1 Bedroom and 1 Bathroom Units in the back. Each Unit comes with a Separate Garage Space. All Kitchens are Meticulously Remodeled with Quartz Countertops, High-End Cabinetry and Fixtures, and Stainless Steel Appliances. Updated Bathrooms with Custom Tile Flooring, Newer Vanities and Fixtures, Quartz Counters, and many more. Front 2 Units have their own Washer and Dryer hookups inside. All 4 Units were Updated with Wood Laminate Flooring, Dual Pane Windows, New Front Doors, and Electrical and Plumbing upgrades as well. Roof on the back two units were replaced recently as well. Walking distance to shops and restaurants, about a Mile away from the Beach, and in very close proximity of California State University of Long Beach. This great property is currently operating at a 5.5% CAP Rate, which is extremely rare.
Full Property Details
Full Property Details for 757 Redondo Ave
General
- Sold For: $1,546,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB23222873
- Added to Site: 180 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Living Room
- Flooring: Laminate, Tile, Wood
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Individual Room, Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: 757 Redondo Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Roof: Flat, Spanish Tile
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,006
- Year Built: 1956
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1494
- Lot Size Source: Assessor
- Zoning: LBCNR
- Lot Description: Front Yard, Paved
Financial Considerations
- Price Per Sq. Ft.: $514.3
- Price Per Unit: 394750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Compass, Tamas Batyi
Sold by Compass, Kathleen Tedesco
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Schools
Schools serving 757 Redondo Ave
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1055 Freeman Ave, Long Beach, CA 90804 | PK-5 | 0.3 mi | |
750 Euclid Ave, Long Beach, CA 90804 | 6-8 | 0.2 mi | |
4400 E 10th St, Long Beach, CA 90804 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 757 Redondo Ave
Date
Details
Price
Change
Source
2/29/2024
Sold
$1,546,000
-2.09%
MLS
12/07/2023
Listed
$1,579,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
757 Redondo Avenue, Long Beach, CA 90804 (MLS# SB23222873) is a Multi-Family property that was sold at $1,546,000 on February 29, 2024. Want to learn more about 757 Redondo Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.