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Mr. Jackson
@mrjackson

116 Redondo Ave, Long Beach, CA 90803

  • $1,799,000
116 Redondo Ave, Long Beach, CA 90803, USA
Sold Multifamily

116 Redondo Ave, Long Beach, CA 90803

116 Redondo Ave, Long Beach, CA 90803, USA
  • $1,799,000

Description

6 unit Trophy Property located in Belmont Heights complete with 4 garages and 3 extra parking spaces. This turn key property features an ideal unit mix with (2) 2 bed + 1 bath units (2) 1 bed/1 bath units and (2) studios. All of the units have been renovated with new floors and counter tops. The property is located directly across from Trolley Park and just steps to the ocean. 3 of the units come with a bonus “office” bedroom and the owner updated the plumbing on the two back studio properties this year. The sewer lines on both properties were replaced in the past year. Rare opportunity to own in highly desirable Belmont Heights dream property with a market 5.35% Cap Rate and an attainable 13 GRM.


Property Status :

  • Address 116 Redondo Ave
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90803
  • Country United States

Details

Updated on May 14, 2021 at 10:47 am
  • Property ID: LSSB18004955
  • Price: $1,799,000
  • Property Size: 3,900 Sq Ft
  • Land Area: 4,983 Sq Ft
  • Bedrooms: 3
  • Bathrooms: 2
  • Garages: 4
  • Garage Size: 4
  • Year Built: 1922
  • Property Type: Multifamily
  • Property Status: Sold

Overview

Property ID: LSSB18004955
  • Multifamily
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 4
  • Garages
  • 3,900
  • Sq Ft
  • 1922
  • Year Built

Contact Information

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