Courtesy of Vylla Home, Inc., Lorri Quiett. IDX Contact: 877-330-2773

219 Redondo Avenue Long Beach, CA 90803
$1,750,000
beds
0 baths
sq ft

Contact Us to Learn More

David Oronoz

David Oronoz

Principal | Multifamily Investments

DRE# 01838862

Bobby Aschtiani

Bobby Aschtiani

Principal | Multifamily Investments

DRE# 02048373

Chris Pettit

Chris Pettit

Founder

DRE# 01983950

Property Description

Pride of ownership fourplex just TWO BLOCKS from the BEACH! Perfect for the savvy investor looking to add a prime property to their portfolio. This highly desirable location is not only close to the ocean, it’s on the border of the eclectic and fun “Broadway Corridor” shops, galleries and restaurants and in historic Bluff Park, where beautiful extra wide tree lined streets showcase the diverse turn of the century architecture Long Beach is famous for. Meticulously maintained by the same owner for over twenty years, the workmanship and pride of ownership poured into this building is evident in every detail. The curb appeal – from the landscaping to the wrought iron fencing to the custom awnings – is fantastic. Boasting a vintage vibe with a nod to the historic, these fully remodeled extra-large units offer a highly desirable floor plan, cool architectural details and abundant character and charm throughout. Each has a large living room and dining area plus an alcove perfect for a home office or play area. There are beautifully refinished red oak floors throughout. The kitchens have restored antique O’Keefe and Merritt stoves, custom subway tile backsplash, granite counters and ample cabinet and counter space. Original double hung windows bring the light in all day. French doors open to Juliet balconies in the front – ocean breezes all year round! The bathrooms are also quite large and have been beautifully remodeled. Even the bedrooms are big! Each unit has its own washer and dryer. In the back, tenants have space to create outdoor living areas to enjoy. Expenses are very low and there is lots of upside in the rents! All the plumbing, including drain and supply lines, was done in 2018. Many other updates were made throughout the years. This is a beautiful property and the location can’t be beat!

Property Details & Features

Property Type

  • Quadruplex

Year Built

  • 1923

Property Access

  • City Street

Appliances and Equipment

  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Refrigerator
  • Dryer
  • Washer

House

  • 2 total stories
  • Built in 1923
  • Stories: 2
  • 3764 total building sqft
  • 1 Common Wall
  • Stucco
  • Two

Community

  • Curbs
  • Street Lights
  • Sidewalks
  • Gated
  • Park

Cooling

  • Wall/Window Unit(s)

Expenses

  • Electric Expense: $202
  • Insurance Expense: $1,779
  • Operating Expense: $4,667
  • Pest Control Expense: $456
  • Water Sewer Expense: $830

Exterior Features

  • Awning(s)
  • Barbecue
  • Lighting

Fence

  • Wood

Floors

  • Wood

Foundation

  • Raised

Heating

  • Electric

Income

  • Gross Income: 76740
  • Gross Scheduled Income: 76740
  • Net Operating Income: 72073

Interior Features

  • Built-in Features
  • Balcony
  • Ceiling Fan(s)
  • Granite Counters
  • Multiple Staircases
  • Bedroom on Main Level

Laundry

  • Inside
  • Laundry Room

Listing

  • Property Subtype: Quadruplex
  • 6 days on market
  • Listed on 2021-10-09

Location

  • County: Los Angeles
  • Subdivision: Bluff Park (BLF)

Lot

  • 3301 sqft
  • 0.08 acres
  • Area: 3301
  • Back Yard
  • Landscaped
  • Near Park

Possession

  • Close Of Escrow

Property

  • Single building
  • 4 units
  • Property attached
  • City Lights
  • Neighborhood

Roof

  • Composition

Security System

  • Carbon Monoxide Detector(s)
  • Gated Community
  • Smoke Detector(s)
  • Security Lights

Sewer

  • Sewer Tap Paid

Tenant Pays

  • Electricity
  • Gas
  • Insurance

Utilities

  • Electricity – On Property
  • 5 separate electric meters
  • 4 separate gas meters
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Windows

  • Blinds
  • Screens
  • Wood Frames

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