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    1355 Redondo Avenue

    Long Beach, CA 90804
    • $1,695,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: SB20102537
    UPDATED: 59 min ago
    $1,695,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,210
      SQFT
    • $235
      $/SQFT
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Amazing property for investors and owner users with additional square footage for owner's usage. Great 12 unit 7,210 sq ft of office space with 12,503 sq Ft lot. Newly painted on a main street with great signage . Close proximity to Downtown Long Beach and Long Beach Airport. This office building is well-maintained and the building also has a significant amount of parking available (approx 21 parking spaces). The immediate area surrounding your property is retail, office, residential, and service-oriented businesses. Owner may carry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T14:32:57.693. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

    www.americanrealestatehomes.com/homes/106437652
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    1355 Redondo Avenue Long Beach, CA 90804

    • Price: $1,695,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: SB20102537
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    7,210
    SQFT
    $235
    $/SQFT
    1980
    Built
    Neighborhood:
    2 - Belmont Heights, Alamitos Heights
    County:
    Los Angeles
    Area:
    2 - Belmont Heights, Alamitos Heights
    Property Description
    Amazing property for investors and owner users with additional square footage for owner's usage. Great 12 unit 7,210 sq ft of office space with 12,503 sq Ft lot. Newly painted on a main street with great signage . Close proximity to Downtown Long Beach and Long Beach Airport. This office building is well-maintained and the building also has a significant amount of parking available (approx 21 parking spaces). The immediate area surrounding your property is retail, office, residential, and service-oriented businesses. Owner may carry.
    Exterior Features

    Fence YN Yes Fencing RedwoodWrought Iron Lot Features 11-15 Units/AcreLot 10000-19999 Sqft Lot Size Dimensions 7210 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 21.00 Roof Fiberglass

    Interior Features

    Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating ZonedForced Air Heating YN Yes Laundry Features None Office Class B Office Square Footage 7210

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Status Existing Cap Rate 6.00 Country Us Current Financing Other Electric Expense 360.00 Expense Year 2019 Gross Scheduled Income 124255.00 Insurance Expense 3360.00 Investment Property YN Yes Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Maintenance Expense 2040.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 94821.00 Number Of Units Leased 7 Occupancy Occupied Operating Expense 23221.00 Property Sub Type Office Real Estate Tax Expense 12726.00 Security Features Closed Circuit Camera(S)Security Lights Special Listing Conditions Standard Tax Annual Amount 12800.00 Tax Rate 1.00 Tax Year 2019 Total Expenses 23221.00 Utilities Electricity ConnectedNatural Gas Connected Vacancy Allowance 5 Water Sewer Expense 4735.00 Water Source Public Year Built Source Assessor Zoning Lbcnr

    Listing provided courtesy of Melvin Burrell of Leacrest Realty and Rochelle (Shelley) Burrell of Leacrest Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T14:32:57.693. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

     
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