Market LogoProperty listed by Sage Real Estate Group, Inc., Juan Huizar 562-307-0838

1090 Redondo

Long Beach, CA 90804
Square Ft.
9,851
$2,700,000
Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totalingRead MoreRead Less
Listing Snapshot
Days Online
9
Last Updated
Property Type
MixedUse
Square Ft.
9,851
Lot Size
0.14 Acres
Year Built
1956
MLS Number
PW26150787
Property Location Map
Additional Details
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Construction Materials: Frame, Stucco
Cooling
WallWindowUnits
Expenses
Electric: $20,561, Insurance: $7,606, Maintenance: $9,871, Operating: $81,306
Fence
WroughtIron
Heating
WallFurnace
Income
Gross ScheduledIncome: $251,515, Net Operating Income: $180,356
Laundry
CommonArea
Lot
0.1433 acres, ZeroToOneUnitAcre, CornerLot
Parking
4 total parking spaces
Property
Leasable area units: SquareFeet
Taxes
Additional parcels description:, Parcel Number: 7258007001, Annual Amount: $30,108, Year: 2025
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnProperty
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Michael Harby
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.