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341 Redondo Long Beach, CA 90814
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Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID IN26067467
Year Built 1923
Lot Size 4,003 Sqft
Property Sub-Type Mixed Use
Property Description
Triplex in Belmont Heights. Vibrant Redondo Avenue frontage. Live/work allowed under zoning. Duplex in the front, free standing cottage in the back above a two car garage with lots of parking, extra storage/laundry room.
Well maintained with pride of ownership. Recent paint, roof, and cement driveway. Low maintenance, tenants pay all utilities.
One unit currently available for owner/operator. Seller will guarantee lease income for three months. Total actual gross income of $7000 from all three units. Low maintenance, low expenses, tenants pay all utilities, and they take care of monthly landscaping.
One unit is rented to a hair salon with almost 2 years left on the lease with interest in extending for 5 years. Back building is a large one bedroom apartment on a month to month basis which includes the two car garage and storage/laundry room. Possible garage conversion to an ADU utilizing the two car garage and laundry facility.
Seller has owned and managed the property for 40 years.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type Gas
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks, Water Sports
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Lot Description Near Public Transit
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Ian Thompson Real Broker
NEARBY SCHOOLS & BUSINESSES
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