449 Redondo Avenue
Long Beach — 4 units / 3,198 sf building
Listing Agent: Richard Daskam, Circle Real Estate
Units
4
Building Size
4,000 sf
Lot Size
6,504 sf
Status
Sold
Listing Agent: Shane Young, Younglewin Advisors, Inc.
Long Beach
About This Property
We are pleased to present this incredible value-add opportunity in a prime Long Beach location, 3627 E 4th St Long Beach, CA 90814. This property sits on a 6,500+ square foot lot, and is located in one of Long Beach's most sought-after neighborhoods, Belmont Heights. The building currently consists of two 1 bed/1 bath and two 2 bed/1 bath units. This offering allows the possibility for a savvy investor to add ADU's in the rear of the property, for additional income. Not taking into the account the addition of ADU's, 3627 E 4th St currently offers 14% upside in net operating income, upon leasing out all of the units at market rents. The property has recently received new copper plumbing, electrical upgrades, and $50,000 worth of exterior renovations. This investment property is truly a gem, as it has been well taken-care-of, resides in a remarkable location, has development potential, and offers the opportunity for an investor to realize more than 14% in upside
Unit Mix
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesSold For
$1,750,000
Listing Agent
Shane Young
Younglewin Advisors, Inc.
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