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.
MLS #
CRSB23222873
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Appliances
Other
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Roof
Flat, Tile
Pool
None
Garage/Parking
Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 4 | 4 |
757 Redondo Ave is a Residential Income in Long Beach, CA 90804. This – square foot property sits on a 6,507 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,546,000 and was built in 1956.
This address can also be written as 757 Redondo Ave, Long Beach, CA 90804.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 29, 2024. For the most current information, please contact Tamas Batyi, (323) 236-6450