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    335 Redondo Avenue

    Long Beach, CA 90814
    • $1,250,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: PW21125893
    UPDATED: 75 min ago
    $1,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1919
    County:

    School Ratings & Info

    Description

    335-337 Redondo is an incredible turnkey asset located in the highly sought-after neighborhood of Belmont Heights! Just a short distance to the Pacific Ocean, Belmont Shore/2nd Street, wonderful boutiques stores, Restaurants and coffee shops! The asset consists of two completely separate, craftsman style houses, which can be utilized for a business or residence. Currently, the front house is being leased to a business and the rear house a residence. Property is zoned LBCNR - with 5 parking spaces onsite. The front house has several office suites (which could be converted back to two bedrooms), conference room, waiting room, kitchen, large bathroom with a large open deck located to the rear of the building. The rear home has also been beautifully renovated and boasts a larger living room, good size bedroom, two mini-split units with a separate gated yard. Both buildings have been impeccably maintained and recently underwent significant upgrades (all improvements will be provided on request). This unique property offers unlimited possibilities which may include; Development, Additions, ADUs and much more! Please make certain you check with the City of Long Beach before pursuing any such activities.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T16:26:19.18. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
    www.desertareahomesforsale.com/homes/118169504
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    335 Redondo Avenue Long Beach, CA 90814

    • Price: $1,250,000
    • Status: Active
    • Updated: 75 min ago
    • MLS #: PW21125893
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1919
    Built
    Neighborhood:
    2 - Belmont Heights, Alamitos Heights
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    335-337 Redondo is an incredible turnkey asset located in the highly sought-after neighborhood of Belmont Heights! Just a short distance to the Pacific Ocean, Belmont Shore/2nd Street, wonderful boutiques stores, Restaurants and coffee shops! The asset consists of two completely separate, craftsman style houses, which can be utilized for a business or residence. Currently, the front house is being leased to a business and the rear house a residence. Property is zoned LBCNR - with 5 parking spaces onsite. The front house has several office suites (which could be converted back to two bedrooms), conference room, waiting room, kitchen, large bathroom with a large open deck located to the rear of the building. The rear home has also been beautifully renovated and boasts a larger living room, good size bedroom, two mini-split units with a separate gated yard. Both buildings have been impeccably maintained and recently underwent significant upgrades (all improvements will be provided on request). This unique property offers unlimited possibilities which may include; Development, Additions, ADUs and much more! Please make certain you check with the City of Long Beach before pursuing any such activities.
    Exterior Features

    Construction Materials StuccoWood Siding Entry Level 1 Fencing WoodWrought Iron Lot Features LandscapedRectangular LotWalkstreet Open Parking Spaces 5 Parking Total 5 Roof Composition Sign On Property YN No

    Interior Features

    Cooling Central AirDual Cooling YN Yes Heating CombinationCentral Heating YN Yes

    Property Features

    Additional Parcels YN No Business Type CommercialMedical Cap Rate 3.14 Common Interest None Gross Scheduled Income 63000 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Net Operating Income 39190 Number Of Units Leased 2 Operating Expense 22550 Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Vacancy Allowance 1260 Vacancy Allowance Rate 2 Water Source Public Zoning Lbcnr

    Listing provided courtesy of Cameron Jacques of Kinnery's Brokerage House and Corinna York-Rice of Kinnery's Brokerage House


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T16:26:19.18. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
     
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