Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1971
Sq.Footage
N/A
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.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Corner Lot, Landscaped
-
Lot Size(acres)
0.76
-
Property Type
Residential Income
Exterior
-
Garage
Yes
-
Garage spaces
39
-
Parking
Community Structure
Financial
-
Sales Price
$12,250,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Tyler Leeson , Marcus & Millichap RE Invest
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