10 Redondo Ave, Long Beach, CA 90803
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10 Redondo Ave Long Beach, CA 90803

$2,195,000
  • 7 Beds
  • 6 Baths
  • 4,752 Sq.Ft.
For Sale
$2,195,000 Get Pre-Qualified

Map preview of 10 Redondo Ave, Long Beach, CA 90803

Property Overview: 10 Redondo Ave Long Beach, CA has 7 bedrooms, 6 bathrooms, 4,752 living square feet and 3,368 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4 Units steps from the sand. Two big 3 bedroom 2 bath units. One unit is a one bedroom and the other is a studio. Walking distance to the Belmont shore. 3-D interior video available for prospective qualified buyer.

Listed by David Biehler | BRE #01030261 | Pacific Sotheby's Int'l Realty
Co-listed by Sean Stanfield | BRE #01024996 | Pacific Sotheby's Int'l Realty
Last checked: 8 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
3,368
HOA Dues
$0/mo
Year built
1941
Garage
3 Car
Property Type:
Fourplex
Status
Active
MLS#
OC24134337
City
Long Beach
County
Los Angeles
Time on Site
78 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,500
  • Net Operating Income: $64,329
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $10,320
  • Maintenance: $8,148
  • Professional Management: $7,314
  • Water/Sewer: $2,496

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Property Details for 10 Redondo Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Water
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7264013020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: See Remarks
  • Utilities: See Remarks
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Bluff Park (BLF)
  • Directions: Ocean/Redondo
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

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Sale History for 10 Redondo Ave

Last sold on July 20th, 2020
  • July, 2024

  • Jul 2, 2024

    Date

    Active

    CRMLS: OC24134337

    $2,195,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: SR22145145

    $2,599,000

    Price

  • Jul 2, 2022

    Date

    Active

    CRMLS: SR22145145

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    Rare investment opportunity in the heart of Belmont Heights, only ½ block from the beach and Bluff Park . Last on the market in 1963 this gem features ocean views, garage parking, a laundry facility and plenty of cash flow potential. Within walking distance of downtown Long Beach and downtown Belmont Shore this four unit building has 2 spacious 3 bedroom, 2 bath units, 1 large 1 bedroom 1 bath unit and is complemented by a studio with its own bathroom and kitchen. This opportunity is perfect for the investor looking for cash flow or as an owner occupied building using the ground floor, three bedroom unit as the owner's residence. This unit has been recently updated and features a new kitchen including cabinets, stone countertops, tile flooring and new appliances, refinished hardwood floor and fresh paint throughout the unit. This opportunity is a must see Qualified buyers will be allowed to view the ground floor, 3 bedroom unit by APOINTMENT ONLY prior to making an offer.

  • July, 2020

  • Jul 20, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 1994

  • Jul 8, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 10 Redondo Ave

Assessed Value (2020): $219,418
Year Land Value Improved Value Assessed Value
2020 $66,550 $152,868 $219,418

Home Value Compared to the Market

This property vs the competition

10 Redondo Ave is listed 181.41% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $461.91 per/sqft which puts the price per square foot 28.5% lower than the median price per square foot for the city of Long Beach.

About 10 Redondo Ave

Detailed summary of property

10 Redondo Ave is a fourplex located in Long Beach, CA 90803 and is currently for sale. This fourplex offers 7 bedrooms, 6 bathrooms, roughly 4,752 living square feet, and sits on an approximately 3,368 square foot lot. 10 Redondo Ave was first listed on ArdentRealEstateGroup.com on July 2, 2024. The homeowner is currently asking $2,195,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 181.41% higher than the median priced home. Local competing homes currently for sale include 179 Saint Joseph Ave, 208 Park Ave and 5101 E 1st St. While the average home in Long Beach, CA is selling in 62 days, 10 Redondo Ave has a days on market of 79 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 10 Redondo Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 10 Redondo Ave

Public county record property details
Beds
7
Baths
7
Year built
1941
Sq. Ft.
4,752
Lot Size
3,367
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7264-013-020

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.