1100 Redondo Ave Long Beach, CA 90804

$--

-- Beds
-- Baths
5,809 Sq.Ft.

Off Market

Map preview of 1100 Redondo Ave, Long Beach, CA 90804

Property Overview: 1100 Redondo Ave Long Beach, CA has -- bedrooms, -- bathrooms, 5,809 living square feet and 17,473 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1100 Redondo Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $799,000. The median price per/sqft for Long Beach is $647. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1100 Redondo Ave

View property's historical transactions

July, 2019
Jul 2, 2019

Date

Expired

CRMLS: DW18185286

$299,000

Price
Jan 3, 2019

Date

Price Change

CRMLS: DW18185286

$299,000

Price
Aug 1, 2018

Date

Active

CRMLS: DW18185286

$320,000

Price
Listing provided courtesy of CRMLS

This is a rare opportunity to own a turnkey business, a 7-Eleven franchise, known world over for its convenience store model. This profitable franchise store is located in The prime High Traffic Long beach neighborhood! Nearly 900 people walk through this inviting and wonderfully shelved store everyday, operating 24/7. This priced to sell, profitable store is an opportunity waiting for the true business investor !! > Store Runs Mostly On it's Own through its nice employees and excellent store management. Sale Price is the business cost to acquire this profitable business from the current owner, about 6 years in Business at This Location from 2012. This store has a Proven Profit track for years, With Register Sales Reports from Corporate. A serious, able and willing buyer has to go through an assessment and acceptance by 7-Eleven, followed by training at Dallas to get the franchise under the buyer's ownership. > Other estimated expenses required to be paid to 7-Eleven to operate the business are: 7-Eleven Franchise Fee (~$120,000), Down payment for inventory and supplies (~$20,000), Initial cash register fund (~$2000), State and local licenses (~$6,500). With proven Sales, on-going support built on 7-Eleven technology and brand strength, the profitable operation can change hands in a period of 3-6 months. > For New stores, with no reported sales, franchise fee is between $ 300K-500K in the LA area, so the Sale Price on this store is a True Deal.

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August, 2018
Aug 1, 2018

Date

Expired

CRMLS: DW18026599

$350,000

Price
Jun 14, 2018

Date

Hold

CRMLS: DW18026599

$350,000

Price
Jun 11, 2018

Date

Active

CRMLS: DW18026599

$350,000

Price
Jun 11, 2018

Date

Hold

CRMLS: DW18026599

$350,000

Price
Feb 5, 2018

Date

Active

CRMLS: DW18026599

$350,000

Price
Listing provided courtesy of CRMLS

This is a rare opportunity to own a turnkey business , a 7-Eleven franchise, known world over for its convenience store model. This profitable franchise store is located in The prime High Traffic Long beach neighborhood! Nearly 900 people walk through this inviting and wonderfully shelved store everyday, operating 24/7. This priced to sell, profitable store is an opportunity waiting for the true business investor !! > Store Runs Mostly On it's Own through its nice employees and excellent store management. Sale Price is the business cost to acquire this profitable business from the current owner, about 6 years in Business at This Location from 2012. This store has a Proven Profit track for years, With Register Sales Reports from Corporate. A serious, able and willing buyer has to go through an assessment and acceptance by 7-Eleven, followed by training at Dallas to get the franchise under the buyer's ownership. > Other estimated expenses required to be paid to 7-Eleven to operate the business are: 7-Eleven Franchise Fee (~$134,000), Down payment for inventory and supplies (~$20,000), Initial cash register fund (~$2000), State and local licenses (~$6,500). With proven Sales, on-going support built on 7-Eleven technology and brand strength, the profitable operation can change hands in a period of 3-6 months. > For New stores, with no reported sales, franchise fee is between $ 300K-500K in the LA area, so the Sale Price on this store is a True Deal.

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Tax History for 1100 Redondo Ave

Assessed Value (2020): $1,521,825

Year	Land Value	Improved Value	Assessed Value
2020	$951,145	$570,680	$1,521,825

About 1100 Redondo Ave

Detailed summary of property

1100 Redondo Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Long Beach, CA 90804 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 5,809 living square feet, and sits on an approximately 17,473 square foot lot. Homes in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Local nearby listings include 680 Grand Ave #207, 680 Grand Avenue #308 and 3701 E Wilton St. The average home in Long Beach, CA is selling in 51 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 1100 Redondo Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1100 Redondo Ave

Public county record property details

Beds: --
Baths: --
Year built: 1986
Sq. Ft.: 5,809
Lot Size: 17,473
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11-14
APN: 7259-013-026

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$515,000

Median List Price/Sq.Ft.

$594

Median Sold Price

$550,000

Median Sold Price/Sq.Ft.

$667

Total Inventory

Median Sale to List Price %

104.77%

Avg Days on Market

Loan Type

Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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