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 714-713-9086
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
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
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.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/18/2024 at 6:15 PM UTC