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335 Redondo Ave, Long Beach, CA 90814
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335 Redondo Ave Long Beach, CA 90814

$1,250,000 Sold Price as of 10/28/2021
  • 3 Beds
  • 2 Baths
  • 1,524 Sq.Ft.
Sold
$1,250,000 Sold Price as of 10/28/2021 Refinance Your Mortgage
Map preview of 335 Redondo Ave, Long Beach, CA 90814

Property Overview: 335 Redondo Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,524 living square feet and 6,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 333-335 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, ADU’s and much more! Please make certain you check with the City of Long Beach before pursuing any such activities.

Listed by Cameron Jacques | BRE #01852032 | Kinnery's Brokerage House
Co-listed by Corinna York-Rice | BRE #01305624 | Kinnery's Brokerage House
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
6,251
HOA Dues
$0/mo
Year built
1919
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW21125996
City
Long Beach
County
Los Angeles
Time on Site
1065 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $43,200
  • Pro Forma/Market Rent: $54,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $19,800
  • Pro Forma/Market Rent: $24,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.14%
  • Gross Rent Multiplier: 19.84
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $39,190
  • Gross Operating Income: $61,740
  • Vacancy Allowance: $1,260
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $22,550
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Cable TV: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 335 Redondo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central, Combination
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Living Room, Office, See Remarks
Interior Features
  • Chair Railings
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Concrete, Driveway Level, Off Street, Private
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7257019009
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Major cross streets: Broadway Blvd & Redondo Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 335 Redondo Ave

Last sold for $1,250,000 on October 28th, 2021

  • October, 2021

  • Oct 28, 2021

    Date

    Sold

    CRMLS: PW21125996

    $1,250,000

    Price

  • Aug 9, 2021

    Date

    Active Under Contract

    CRMLS: PW21125996

    $1,250,000

    Price

  • Jun 11, 2021

    Date

    Active

    CRMLS: PW21125996

    $1,250,000

    Price

  • August, 2021

  • Aug 9, 2021

    Date

    Active Under Contract

    CRMLS: PW21125893

    $1,250,000

    Price

  • Jun 11, 2021

    Date

    Active

    CRMLS: PW21125893

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2019

  • May 24, 2019

    Date

    Sold

    CRMLS: PW19101010

    $875,000

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: PW19101010

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Belmont Heights Medical building. This unique space is located in the heart of Belmont Heights. Two separate structures, five parking spaces and incredible visibility.

  • May, 2019

  • May 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

  • May, 2004

  • May 3, 2004

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

Show More

Tax History for 335 Redondo Ave

Assessed Value (2020): $892,500
Year Land Value Improved Value Assessed Value
2020 $637,500 $255,000 $892,500

Home Value Compared to the Market

This property vs the competition

335 Redondo Ave sold on October 28, 2021 for 56.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $820.21 per/sqft which puts the price per square foot 29.78% higher than the current median sale per square foot for the city of Long Beach.

About 335 Redondo Ave

Detailed summary of property

335 Redondo Ave is a mixed use that recently sold in Long Beach, CA 90814. This mixed use property offered 3 bedrooms, 2 bathrooms, roughly 1,524 living square feet, and sits on an approximately 6,251 square foot lot. 335 Redondo Ave was first listed on ArdentRealEstateGroup.com on June 11, 2021. The homeowner sold the property for $1,250,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 56.25% higher than the current median priced home. Local homes that are currently for sale include 7014 S Vermont Ave, 4600 S Central Ave and 615 E Commonwealth Ave. While the average home in Long Beach, CA is selling in 51 days, 335 Redondo Ave has a days on market of 59 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 335 Redondo Ave Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 335 Redondo Ave

Public county record property details
Beds
2
Baths
2
Year built
1919
Sq. Ft.
1,524
Lot Size
6,251
Stories
1
Type
Medical Bldg/Clinic
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7257-019-009

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$793,676
Median List Price/Sq.Ft.
$635
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

Thinking of Selling?

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(714) 706-1823

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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.

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