512 Redondo Ave Long Beach, CA 90814-1552
Property profile & analytics
512 Redondo Ave Long Beach, CA 90814-1552
- Office buildings
- 1,972 SF
- 0.14 lot acres
Property ID
US09-6352954
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.
Location Intelligence
Current Use by Public Records
- Hillary S. Marshall, LCSW / Psychotherapist
- Watkin Jan / Marriage Or Relationship Counselor
- Bell Andrea L / Psychotherapist
- The Coaching Kiva / Life Coach
- Merkley Dennis / Family Counselor
Property Details for 512 Redondo Ave
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 1,972 SF
- Zone code
- LBCNR
- Property type
- Office buildings
- APN
- 7257-002-008
- APU
- 7257002008
Description
This exceptional 1,972 square foot freestanding commercial building presents a compelling owner-user or investment opportunity in Long Beach, California. Situated on a sizable 6,215 square foot lot, the property boasts a highly desirable location between Rose Park and Belmont Heights, offering convenient access to the coast. Constructed in 1972, the well-maintained building currently houses five psychotherapy practices, with tenants primarily on month-to-month leases (one tenant has a one-year lease remaining). The property includes six to seven on-site parking spaces, a significant advantage in this area. Its excellent visibility and signage opportunities make it ideal for a variety of office or retail uses, including medical or dental practices. The asking price is $1,100,000. This unique property offers strong potential for both immediate income generation and long-term appreciation. The property's central location, ample parking, and versatile layout make it an attractive proposition for discerning buyers seeking a prime commercial investment in a thriving coastal community. The building's current occupancy provides a stable income stream, while the month-to-month leases offer flexibility for future development or repositioning.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $895,000
- 6.5%
- $825,000
- 7%
- $765,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $700,000 Current use
- AUTO REPAIR, GARAGE
- $625,000 Change: -11% 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
- -118.152
- Latitude
- 33.773
- 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
$9,227
$405,131
$286,714
$691,845
-
$0.00
$0.00
$0.00
