219 Redondo Ave Immeuble residentiel 4 lots 1 890 680 € (472 670 €/Lot) Taux de capitalisation 3,47 % Long Beach, CA 90803

*Pride of ownership fourplex located just two blocks from the beach. Ideal for the discerning investor seeking to enhance their portfolio with a prime property. This highly sought-after location offers close proximity to the ocean and is situated on the border of the vibrant “Broadway Corridor” featuring shops, galleries, and restaurants. Additionally, it is in the historic Bluff Park area, known for its wide tree-lined streets and diverse turn-of-the-century architecture for which Long Beach is renowned. Meticulously maintained by the ownership, the craftsmanship and pride of ownership are evident in every detail. The property's curb appeal is exemplary, highlighted by the landscaping, wrought iron fencing, and custom awnings. Featuring a vintage aesthetic with historic elements, these fully remodeled large units offer an attractive floor plan, unique architectural details, and abundant character throughout. Each unit includes a spacious living room, dining area, and an alcove suitable for a home office/ storage or even as one area is a built in vintage dressing table. Each unit offers refinished red oak floors throughout. All the plumbing, including drain and supply lines, was done in 2018. A polymer roof was applied in 2023. Many other updates were made throughout the years. The kitchens are equipped with restored antique O’Keefe and Merritt stoves, vintage farmhouse type sinks, subway tile backsplash, granite countertops, and ample cabinet and counter space. Original double-hung windows allow natural light to the interiors throughout the day. French doors open to Juliet balconies at the front, providing ocean breezes year-round. The bathrooms are abundantly sized and have been remodeled in keeping with the historic aspect of the units. The bedrooms are also substantially large with two windows and a fair sized walk in closet Each unit features its own washer and dryer. At the rear of the property, tenants have dedicated spaces to create outdoor living areas. Operating expenses are minimal, and there is potential for increased rental income. All plumbing, including drain and supply lines, was updated in 2018, and numerous other updates have been implemented over the years. This property represents an exceptional opportunity, and its location is beach close and very walkable to all the hip venues steps from your door.