757 Redondo Avenue
Long Beach, CA 90804

  • – beds
  • – baths
  • – sqft
  • 6,507 sqft lot
  • 1956 build
  • on site

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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.

California Regional MLS logo Listed By CRMLS_CA / Tamas Batyi / Compass / 323-236-6450

Last checked: Checking… • Last updated Feb 29, 2024 •

MLS# SB23222873 —

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Sale history

Date Event Source Price % Change
2/29/24
Sold CRMLS_CA $1,546,000 -2.1%
1/30/24
Pending CRMLS_CA $1,579,000
12/7/23
Listed / Active CRMLS_CA $1,579,000 19.2% (4.4% / YR)

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Multifamily Sold on 2/29/2024

$1,546,000

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Listing provided by broker:

Tamas Batyi

Compass

323-236-6450

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 15:38 on May 05.

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