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451 Redondo Ave, Long Beach, CA 90814
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451 Redondo Ave Long Beach, CA 90814

$1,489,000 Sold Price as of 09/03/2021
  • 7 Beds
  • 4 Baths
  • 3,058 Sq.Ft.
Sold
$1,489,000 Sold Price as of 09/03/2021 Refinance Your Mortgage
Map preview of 451 Redondo Ave, Long Beach, CA 90814

Property Overview: 451 Redondo Ave Long Beach, CA has 7 bedrooms, 4 bathrooms, 3,058 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: Back on the market - not for long!!! Pristine Classic California Bungalow (3bd 1 bath) with over 1100 square feet offers a remodeled kitchen with granite counters, maple cabinetry + full size laundry area; resurfaced "real" wood flooring; newer dual pane windows + all the classic touches you would expect like thick wood baseboards, door casings & crown molding! Enter the spacious front yard through a wood gate surrounded by a peaceful pergola. The low maintenance turf surrounded by perfectly manicured planters lead you to the classic covered porch. This is an ideal situation for a new owner to live in this beautiful bungalow while having the three additional units in separate building off-set your monthly expenses. It is equally ideal for the investor looking for low deferred maintenance (if any) and tremendous upside in rent. The back separate building consists three units totaling approx. 2000 square feet + two extra long garages. The 2bd 1 bath offers granite kitchen counters and breakfast bar open to the living room + a private spacious backyard/patio and newer storage shed. The second floor consists of (2) 1bd 1 baths with open kitchens and breakfast bar + vaulted wood beamed ceilings. The bathrooms in all units are upgraded/remodeled! Pride of ownership shows here... All dual pane windows are newer in Bungalow and 3 unit building; the foundation in Bungalow was recently upgraded & retrofitted; new mainline was installed with multiple clean-outs; new vinyl siding on Bungalow including all eaves. Money was well spent here by the current owner and will give new owner peace of mind. See pictures - Excellent Opportunity.

Listed by Bill Bennett | BRE #00994622 | Realty One Group West
Last checked: 1 minute ago | Last updated: January 28th, 2023 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
6,251
HOA Dues
$0/mo
Year built
1962
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21125388
City
Long Beach
County
Los Angeles
Time on Site
1197 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,838
  • Total Rent: $1,838
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,152
  • Net Operating Income: $76,236
  • Gross Operating Income: --
  • Other Income Description: none
Annual Expense Breakdown
  • Total Operating Expense: $4,260
  • Electric: $400
  • Trash: $360
  • Insurance: $2,300
  • Water/Sewer: $1,200

Property Details for 451 Redondo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Water Heater
Interior Features
  • Beamed Ceilings, Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition, Wood
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage Faces Side, Garage - Single Door, Parking Space, Private
Lot Information
  • Lot Features: Front Yard, Lawn, Zero Lot Line
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7257003013
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, See Remarks
  • Foundation Details: See Remarks
  • Property is Attached
  • Property Condition: Additions/Alterations, Turnkey
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Redondo - just north of 4th
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 451 Redondo Ave

Last leased for $3,000 on January 25th, 2023

  • January, 2023

  • Jan 25, 2023

    Date

    Leased

    CRMLS: PW22254424

    $3,000

    Price

  • Dec 12, 2022

    Date

    Active

    CRMLS: PW22254424

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Updated Bungalow with 3 bedrooms 1 bathroom. Detached home (3 units in rear of lot). 1 garage and 1 space available, ask for details. Private front yard with virtually no maintenance beyond trimming bushes and watering. Private front porch and covered entry. Hardwood floors flow throughout living area and bedrooms. Large living room that is open to the dining area. Updated kitchen features granite counters, newer cabinets and inside laundry. Appliances included are noted in photos. Three large bedrooms, including one with side door (great for home office or roommate situation). Large tile bathroom. Home shares lot with 3 other units.

  • October, 2021

  • Oct 24, 2021

    Date

    Canceled

    CRMLS: PW21192160

    $2,995

    Price

  • Sep 14, 2021

    Date

    Price Change

    CRMLS: PW21192160

    $2,995

    Price

  • Aug 31, 2021

    Date

    Active

    CRMLS: PW21192160

    $3,100

    Price

  • Listing provided courtesy of CRMLS

    Updated Bungalow with 3 bedrooms 1 bathroom. Detached home (3 units in rear of lot). 1 garage and 1 space available, ask for details. Private front yard with virtually no maintenance beyond trimming bushes and watering. Private front porch and covered entry. Hardwood floors flow throughout living area and bedrooms. Large living room that is open to the dining area. Updated kitchen features granite counters, newer cabinets and inside laundry. Appliances included are noted in photos. Three large bedrooms, including one with side door (great for home office or roommate situation). Large tile bathroom. Home shares lot with 3 other units.

  • September, 2021

  • Sep 4, 2021

    Date

    Sold

    CRMLS: PW21125388

    $1,489,000

    Price

  • Aug 10, 2021

    Date

    Pending

    CRMLS: PW21125388

    $1,489,000

    Price

  • Jul 21, 2021

    Date

    Active

    CRMLS: PW21125388

    $1,489,000

    Price

  • Jun 29, 2021

    Date

    Pending

    CRMLS: PW21125388

    $1,489,000

    Price

  • Jun 24, 2021

    Date

    Active Under Contract

    CRMLS: PW21125388

    $1,489,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: PW21125388

    $1,489,000

    Price

  • June, 2021

  • Jun 3, 2021

    Date

    Canceled

    CRMLS: PW21039896

    $1,500,000

    Price

  • Jun 2, 2021

    Date

    Price Change

    CRMLS: PW21039896

    $1,500,000

    Price

  • May 30, 2021

    Date

    Price Change

    CRMLS: PW21039896

    $1,525,000

    Price

  • May 24, 2021

    Date

    Price Change

    CRMLS: PW21039896

    $1,535,000

    Price

  • May 12, 2021

    Date

    Price Change

    CRMLS: PW21039896

    $1,545,000

    Price

  • Feb 25, 2021

    Date

    Active

    CRMLS: PW21039896

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    Dramatically reduced. Cute bungalow in front, with new foundation, new windows and hardwood floors. Rear separate building is one two bedroom and 2x one bedroom units also with wood floors and new windows. All rents are actuals and performing. this is subject to inspection

  • February, 2021

  • Feb 26, 2021

    Date

    Canceled

    CRMLS: PW21039915

    $1,575,000

    Price

  • Feb 25, 2021

    Date

    Active

    CRMLS: PW21039915

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    Single family bungalow in front house with three additional units in the rear. House has new foundation,new windows, haardwood floors and completely charming. The rear units were built in 1962 and have been upgraded including windows and floors

  • June, 2016

  • Jun 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,080,000

    Price

  • December, 2005

  • Dec 1, 2005

    Date

    Sold (Public Records)

    Public Records

    $915,000

    Price

Show More

Tax History for 451 Redondo Ave

Assessed Value (2020): $1,169,026
Year Land Value Improved Value Assessed Value
2020 $541,216 $627,810 $1,169,026

Home Value Compared to the Market

This property vs the competition

451 Redondo Ave sold on September 3, 2021 for 81.81% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $486.92 per/sqft which puts the price per square foot 22.47% lower than the current median sale per square foot for the city of Long Beach.

About 451 Redondo Ave

Detailed summary of property

451 Redondo Ave is a fourplex that recently sold in Long Beach, CA 90814. This fourplex offered 7 bedrooms, 4 bathrooms, roughly 3,058 living square feet, and sits on an approximately 6,251 square foot lot. 451 Redondo Ave was first listed on ArdentRealEstateGroup.com on June 10, 2021. The homeowner sold the property for $1,489,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 81.81% higher than the current median priced home. Local homes that are currently for sale include 35 Ximeno Ave, 1817 E 3rd St and 1761 Redondo Ave. While the average home in Long Beach, CA is selling in 62 days, 451 Redondo Ave has a days on market of 33 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 451 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 451 Redondo Ave

Public county record property details
Beds
8
Baths
4
Year built
1962
Sq. Ft.
3,058
Lot Size
6,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7257-003-013

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
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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