1065 Redondo Ave
Long Beach, CA 90804

Marcus & Millichap is proud to present to market 1065 Redondo Avenue, a seven-unit* Spanish-style apartment building in Long Beach, California. With huge unit sizes, a desirable Eastside Long Beach location, and 19 percent potential upside in rents, this offering presents an excellent investment opportunity. The property consists of two buildings that offer six one-bed/one-bath units and a non-conforming studio. All units have hardwood floors and are separately metered for gas and electricity. Four of the one-bedroom units are huge at 1,000 square feet each. One unit has a patio, French door entrance and a 10-foot vaulted ceiling,one unit has an open beam ceiling in the living room, and one unit has nine- to ten-foot tall ceilings. The property also features copper plumbing, a shared patio, on-site laundry, two surface parking spaces, and five small single-car garages currently leased as storage spaces. 1065 Redondo Avenue is located in Eastside Long Beach just south of Anaheim Street and within easy walking distance of a major grocery store and several retail and dining options (WalkScore: 89). This area is a strong rental market where over 77 percent of housing units within one mile are renter-occupied.