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732 Redondo Ave Long Beach, CA 90804

$1,343,000 Sold Price as of 05/18/2022

6 Beds
3.75 Baths
2,638 Sq.Ft.

Sold

$1,343,000 Sold Price as of 05/18/2022 Refinance Your Mortgage

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Map preview of 732 Redondo Ave, Long Beach, CA 90804

Property Overview: 732 Redondo Ave Long Beach, CA has 6 bedrooms, 3.75 bathrooms, 2,638 living square feet and 6,241 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully Remodeled Throughout! 3 units, zoned for commercial or residential use. 3/2 with den + 1/1 + 1/1 + 2-car detached garage. Large front detached house has 3 bedrooms, 2 bathrooms and a den (being used as a 4th bedroom). Open floorplan with hardwood floors, beautiful wood trim, built-in cabinets. Living room has a faux fireplace, dining area is open with pass-through window to spacious modern kitchen. Covered front and side porches are great for outdoor relaxation. Spacious backyard courtyard, great for BBQs, entertaining. Rear building has two 1 bedroom, 1 bathroom units. Rear units also feature hardwood flooring, built-in cabinets and wood trim. Over-sized 2-car detached garage has long driveway for additional parking, washer/dryer. This property is great for owner occupants AND savvy investors, great for long-term or short-term rental income.. Close to Belmont Shores, Rec Park, CSULB, The Beach, Bluff Park, freeways, shops, restaurants and entertainment.

Listed by Ursula Rhee | BRE #01414016 | RE/MAX College Park Realty

Last checked: 4 minutes ago | Last updated: May 19th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft: 6,241
HOA Dues: $0/mo
Year built: 1928
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW22070250
City: Long Beach
County: Los Angeles
Time on Site: 768 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 3
# of Leased Units: 0
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,700

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,700

Unit Breakdown 3

# of Units: 1
# of Beds: 4
# of Baths: 2
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,300

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $80,400
Net Operating Income: $76,500
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $3,900
Trash: $132
Gardener: $720
Insurance: $1,200
Water/Sewer: $1,848

Property Details for 732 Redondo Ave

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central, Wall Furnace

Laundry Information

Has Laundry
In Garage

Fireplace Information

Has Fireplace
Living Room

Room Information

Flooring: Wood

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2

Lot Information

Lot Features: Front Yard, Garden, Near Public Transit
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 3
Parcel Number: 7258023010
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Alamitos Beach (AB)
Directions: Redondo & 7th St

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Long Beach Agent

Sale History for 732 Redondo Ave

Last sold for $1,343,000 on May 18th, 2022

April, 2022
Apr 20, 2022

Date

Pending

CRMLS: PW22070250

$1,333,000

Price
February, 2018
Feb 13, 2018

Date

Sold

CRMLS: PW17247629

$835,000

Price
Dec 20, 2017

Date

Pending

CRMLS: PW17247629

$879,900

Price
Dec 15, 2017

Date

Active Under Contract

CRMLS: PW17247629

$879,900

Price
Nov 7, 2017

Date

Active

CRMLS: PW17247629

$879,900

Price
Listing provided courtesy of CRMLS

GREAT INVESTMENT OPPORTUNITY! 3 units, zoned for commercial or residential use. 3/1 with den + 1/1 + 1/1 + 2-car detached garage. Charming front house has 3 bedrooms, 1 bathroom and a den (being used as a 4th bedroom). Easy to add a 2nd bathroom. Open floorplan with hardwood floors, beautiful wood trim, built-in cabinets and stained glass. Living room entry with faux fireplace leads to a dining area with pass-through window to kitchen. Covered covered porch and covered side patio, great for outdoor drinking and smoking. Rear building has two single-level 1 bedroom, 1 bathroom units. Rear units also feature hardwood flooring and wood trim, as well as cove ceilings. PLUS...there is an over-sized 2-car detached garage and long driveway for parking. This property is great for owner occupants AND savvy investors looking for long-term or short-term rental income. FANTASTIC LOCATION. Close proximity to Belmont Heights, Rec Park, CSULB, Belmont Shore, Bluff Park. Good freeway access for commuters and plenty of shops and restaurants (and THE BEACH!) within walking distance.

Continue Reading
February, 2018
Feb 13, 2018

Date

Sold (Public Records)

Public Records

$817,000

Price
October, 2016
Oct 28, 2016

Date

Sold (Public Records)

Public Records

$717,000

Price

Tax History for 732 Redondo Ave

Assessed Value (2020): $764,455

Year	Land Value	Improved Value	Assessed Value
2020	$530,604	$233,851	$764,455

Home Value Compared to the Market

This property vs the competition

732 Redondo Ave sold on May 18, 2022 for 66.62% 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 $505.31 per/sqft which puts the price per square foot 20.05% lower than the current median sale per square foot for the city of Long Beach.

About 732 Redondo Ave

Detailed summary of property

732 Redondo Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 6 bedrooms, 3.75 bathrooms, roughly 2,638 living square feet, and sits on an approximately 6,241 square foot lot. 732 Redondo Ave was first listed on ArdentRealEstateGroup.com on April 13, 2022. The homeowner sold the property for $1,343,000. 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 66.62% higher than the current median priced home. Local homes that are currently for sale include 217 Argonne Ave, 1120-1124 E Hellman St and 1367 Alamitos Ave. While the average home in Long Beach, CA is selling in 51 days, 732 Redondo Ave has a days on market of 1 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 732 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 732 Redondo Ave

Public county record property details

Beds: 5
Baths: 4
Year built: 1928
Sq. Ft.: 2,638
Lot Size: 6,241
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10
APN: 7258-023-010

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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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.