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$1,295,000
48 Days Online

790 Redondo Avenue
Long Beach, CA 90804

For Sale|Multi-Family|Active
Subdivision:
Eastside (Es)
County:
Los Angeles
Listing Courtesy of Steven Bogoyevac with Steven M. Bogoyevac, Broker

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790 Redondo Avenue790 Redondo Avenue790 Redondo Avenue790 Redondo Avenue
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790 Redondo Avenue is an immaculately maintained duplex in Long Beach, California. The asset is a 1915 construction that consists of two Craftsman bungalows, a large 1,046-square foot one-bedroom/one-bath with a den and in-unit laundry and a three-bedroom/two-bath that is currently leased as an office to a property management company. The bungalows are separated by and share a very spacious fenced patio that is perfect for outdoor living and entertaining. The units are separately metered for gas and electricity, and the property also offers a single-car garage. 790 Redondo Avenue is located in desirable Eastside Long Beach proximate to retail (WalkScore: 88), just one mile from the beach and Belmont Shore, and conveniently near Cal State Long Beach and the 405, 22 and 605 freeways. Tenants enjoy an easy one-block walk to the nearby Starbucks, Smart & Final grocery store, and several popular local restaurants. With its excellent condition, great location in a strong coastal rental market, and top-of-the-market rents being achieved, this offering is an outstanding turnkey investment opportunity. Furthermore, the property management company that leases the front unit is on a month-to-month lease, presenting a new investor with a few potential investment strategies: either retain the company as a reliable tenant, acquire the office space for the investor’s own use, or convert the space back to residential use in the future.

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Listing Snapshot
Price 
$1,295,000
Days Online 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,552 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1915
MLS Number 
PW21226586
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Parking Spaces 
1
Sewer 
Public Sewer
Acreage 
0.13
Water 
Public
Attached Garage 
No
Zoning 
LBCNR
Listing Conditions 
Standard
Interior Features
Laundry Features 
Inside
Fireplace 
No
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Exterior Features
Spa 
No
Pool Features 
None
Waterfront Property 
No
Lot 
Rectangular Lot
Community Features
Community Features 
Suburban
MLS Area 
3 - Eastside, Circle Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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