1074 Redondo

Long Beach, CA 90804
$2,625,000
1074 Redondo Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1989, the three-story property consists of 100% spacious two- bedroom/two-bathroom residences averaging approximately 973 square feet. Each unit is equipped with HVAC and a private balcony, while additional amenities include 14 secure parking spaces… Read MoreRead Less
Property listed by Keller Williams Realty Downey, Robert Stepp 310-463-2916
Listing Snapshot
Days Online
1
Last Updated
Property Type
MixedUse
Lot Size
0.14 Acres
Year Built
1989
MLS Number
PW26236605
Property Location Map
Additional Details
Building
Built in 1989, 1 building, 3 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Electric: $1,700, Fuel: $1,700, Gardener: $1,200, Insurance: $8,800, Licenses: $1,500, Maintenance: $8,000, Operating: $80,871, Pest Control: $900, Trash: $1,700, Water/Sewer: $1,700, Other Expense: $3,200
Garage
14 spaces
Income
Gross Income: $252,624, Gross ScheduledIncome: $265,920, Net Operating Income: $171,753
Laundry
None
Lot
0.1407 acres, SixToTenUnitsAcre
Parking
14 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7258007038, Tax Block: A, Lot: 5
Utilities
Water Source: Public, 9 separate electric meters, 9 separate gas meters
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Monthly Payment
$0
Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.