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    335 Redondo Ave Long Beach, CA 90814-2652

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    335 Redondo Ave Long Beach, CA 90814-2652


    • Medical Office Space
    • 1,524 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Oct 20, 2021
    $1,250,012
    Property ID
    US09-6394602
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dominique Benavidez, PHD / Physician / Medical Clinic
    • AHWI Psychology Group / Gym & Fitness Center / Alternative Medicine Practice
    • DBT Center of Long Beach - Therapist Long Beach CA Mental Health Services / Psychotherapist / Mental Health Service
    • Dr. Mark C. Fairchild, MD / Physician
    • Belmont Heights Mental Health / Medical Clinic

    Property Details for 335 Redondo Ave

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    1,524 SF
    Zone code
    LBCNR
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    7257-019-009
    APU
    7257019009

    Description

    This exceptional investment opportunity presents a two-building medical office complex ideally situated in Long Beach's desirable Belmont Heights neighborhood. The property, located at 335 Redondo Ave, boasts a total of 1,524 square feet of net rentable space, spread across two single-story structures built in 1935, situated on a 6,250 square foot lot. Currently 100% occupied by an outpatient psychotherapy group practice since 2020, the property offers a strong, stable income stream with a 4.50% cap rate. The asking price is $1,350,000, translating to $885.83 per square foot. Recent upgrades include new roofs on both buildings (2023 and 2024), a new HVAC system in the front building (2024), upgraded electrical systems, and newer drought-tolerant landscaping. The property includes five convenient surface parking spaces. The front building comprises three office rooms, a conference room, a waiting room, an ADA-compliant bathroom, and a small kitchenette. The rear building features one office room, one conference room, a full bathroom, and a kitchenette. The property will be delivered vacant; the seller currently occupies the space but does not require a sale leaseback. The back house previously served as a residential rental unit, complete with a full bathroom and kitchen. This property is an excellent opportunity for owner-users or investors seeking a well-maintained, income-producing asset in a highly sought-after location. The Los Angeles County property (APN 7257-019-009) is zoned for medical use.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,245,000
      ML approach
      $1,250,000
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,040,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $900,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.153
    Latitude
    33.7693
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,967
    $821,916
    $478,584
    $1,300,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
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