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    757 Redondo Avenue

    Long Beach, CA 90804
    • $1,765,000
    • STATUS: ACTIVE
    • ON SITE: 34 days
    • ID#: PW21068582
    UPDATED: 143 min ago
    $1,765,000
    • 0
      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 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! 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!

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    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.sunluxrealestate.com/homes/115697803
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    757 Redondo Avenue Long Beach, CA 90804

    • Price: $1,765,000
    • Status: ACTIVE
    • Updated: 143 min ago
    • ID#: PW21068582
    0
    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 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! 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 Site CurbsSidewalks Spa N/K

    Interior Features

    Cooling N/K Stories 1 Story Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

    Property Features

    Actual Cap Rate 3.57 Annual Expense Actual 31648 Buildings 2 Gross Rent Multiplier Actual 18.27 Gross Scheduled Income Actual 96600 Home Owners Fees 0.0 Terms Conventional 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.
     
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