219 Redondo Avenue, Long Beach, CA 90803

$1,899,999

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List Price
$1,899,999
Price Change
▼ $88,889 1784465780
Status
ACTIVE
MLS#
PW26035252
Year Built
1923
Lot Size
3,301
Acres
0.08
Lot Location
0-1 Unit/Acre
Days on Market
149
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Bluff Park (Blf)

Property Description

Coastal Charm Meets Historic Elegance in Bluff Park. Experience a rare opportunity to own a "pride of ownership" fourplex situated just two blocks from the Pacific. Nestled on the edge of the vibrant Broadway Corridor and the historic Bluff Park neighborhood, this property sits among wide, tree-lined streets and iconic turn-of-the-century architecture. The craftsmanship is evident from the moment you see the wrought iron fencing and custom awnings. Inside, these extra-large, fully remodeled units perfectly blend vintage character with modern luxury. Interior Highlights: Refinished red oak floors, original double-hung windows, and French doors opening to Juliet balconies that catch the ocean breeze. Kitchen's feature restored antique O’Keefe and Merritt stoves, granite counters, and custom subway tile. Space to Breathe: Each unit boasts a large living/dining area, a dedicated home office alcove, oversized bedrooms, and its own washer/dryer. Outside, tenants have private,large backyard outdoor spaces perfect for lounging. With low expenses, updated plumbing, all supply and drain lines (2018), A new polymer roof in 2023 and significant rental upside, this is a turnkey gem in an unbeatable location. Secure a cornerstone asset for your portfolio with this meticulously maintained fourplex in Long Beach’s coveted Bluff Park. Long Beach is NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%).

Additional Information

Appliances
Gas Oven, Gas Range, Water Heater
Pool Description
None
Fireplace Description
Decorative
Heat
Electric
Cooling Description
None
View
Neighborhood
Exterior Construction
Stucco, Copper Plumbing
Roof
Flat
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$113,580
Operating Expense
29893

Listing courtesy of Listing Agent: Trevor Laramee (Trevor.Laramee@gmail.com) from Listing Office: Realty Source Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.