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1082-1084 Redondo Avenue
Long Beach, CA 90804
Asking Price
$1.57M
Asset Type
Mixed-use
Class
Class B
What's Special
Mixed Use | 4,073 SqFt <ul><li>Current Tenants: This property is vacant. Ready for an owner/user or a savoy investor. This can provide immediate rental income to new owners.</li><li>Zoning & Potential Uses: Residential Mixed-Used (RMU4) The property is zoned RMU4 - Residential Mixed-Use 4 (RMU4 and RMU4-A) zones are residentially focused and permit higher density residential uses in areas where multi-family housing is currently the dominant use. These zones permit intensification of existing residential areas to inc
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NOI
$80,000
Cap Rate
5.08%
DSCR
0.86
Underwater
Cash-on-Cash
-2.86%
Monthly Payment
$7,792.241
Annual Cash Flow
$-13,506.888
