Courtesy of: Alec Kara | Keller Williams Pacific Estate
Purchase Type: Sale
MLS ID: PW21083271
Days On Market: 159
Year Build: 1920
Lot size: 0.14
Property Type: Residential Income
Area: 2 - Belmont Heights, Alamitos Heights
New Construction: No
Swimming Pool: No
Has Waterfront: No
Address: 279 Redondo
County: Los Angeles
City: Long Beach
Neighborhood: 2nd Street East (sse), 2 - Belmont Heights, Alamitos Heights
Pool Features: None
This is a beautiful 3 unit income property with a private courtyard.
Located on the East Side of Long Beach this property consists of a Craftsman Style front house with 2Bed/1Bath with (1400sf) and detached two 1Bed/1Bath units(550Sf each).
There are also 4 covered garages for potential added income. Kitchen in the front house was recently updated with new cabinets, granite countertops and stainless steel appliances.
Front house and rear property both have been updated with copper plumbing and they both have a 17 year old roof with a 40-year warranty.
Front house is currently vacant and is a perfect opportunity for the new owner to occupy as there are various financing options available through numerous Lenders with some aggressive financing rates.
Very close to Downtown, Belmont Shore, Convention Center, Aquarium, beaches, lots of great restaurants, parks and fun activities.
Property is also close to highly sought-after Alamitos Beach neighborhood and is just steps away from Junipero Beach and Alamitos Beach, two of the city’s most popular beaches. The property is also close to Retro Row, which offers numerous shopping, dining, and entertainment options. 279 Redondo Ave is very close to The Promenade and the Pike Outlets, providing residents with easy access to a plethora of shopping and dining destinations.
Historically known for its status as the preeminent harbor city on the West Coast, Long Beach continues to gain notoriety as an exciting and vibrant waterfront destination. Long Beach’s world-class port, prestigious university, unique business market, and unmatched local attractions have made it one of Southern California’s most desirable markets.
Given the overall strength of the apartment market in Long Beach, and specifically the fundamentals within Alamitos Beach, 279 Redondo Ave offers an investor the ability to capture quality tenants seeking an exceptional living experience within a vibrant neighborhood. The areas surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation and retail amenities.
Please don't hesitate to reach out with any questions .