1625 Redondo Avenue, Long Beach CA, 90804

Sold

1625 Redondo Avenue

Long Beach CA, 90804

$11,965,000

$364.33 per sqft

Sold

32,841 sqft

Residential

Built in 1971

Listed by Tyler Leeson with Marcus & Millichap RE Invest 949-419-3200

Redondo Terrace is a 36-unit multifamily investment property located in Long Beach, California. The property is located within the highly sought after Eastside neighborhood of the city. The area provides a strong, diverse tenant base, easy transportation access, and proximity to a wide range of retail options. The property also sits within two miles of California State University, Long Beach.
Situated on a 0.76-acre lot, the 32,841 square foot property consists of studio, one-, and two-bedroom floor plans and offers amenities including ample garage parking, controlled access, private balconies, a central courtyard, elevator, and on-site laundry. Thirty-one of the units have been significantly renovated with upgraded kitchen stainless steel appliances, quartz countertops, vinyl flooring, and updated bathrooms. Additionally, there are numerous third-floor units with ocean and city views.

OC18230318

MLSⓇ ID

September 20, 2018

Listed

March 18, 2024

Updated

Map

1625 Redondo Avenue
Long Beach CA, 90804

Interior Features

Total Stories: 3
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Radiant

Exterior/Building Features

Lot Size: 0.76 Acres
Lot Features: Corner Lot, Landscaped
Sewer: Public Sewer

Other Property Details

Area Name: 3 - Eastside, Circle Area
Days on Market: 47
Garage: Yes
Garage Spaces: 39
Parking: Community Structure
Parking Total: 39
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LBR3T
Buyer Agency Compensation: 2%

Listing Contact: 949-419-3200

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 6:15 PM UTC