236 Redondo, Long Beach, CA 90803
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236 Redondo, Long Beach, CA 90803,Video Tour
236 Redondo, Long Beach, CA 90803
236 Redondo, Long Beach, CA 90803
236 Redondo, Long Beach, CA 90803
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Listed by Kevin DaSilva • eXp Realty of Greater Los Angeles, Inc.
$ 1,749,000
Est. payment /mo
Pending

236 Redondo Long Beach, CA 90803

2,170 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $805

MLS Listing ID SB-26105099

Year Built 1919

Lot Size 5,001 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

FOUR DOORS, ONE LOT, WALKING DISTANCE TO THE WATER! 236 Redondo Ave is a turnkey four-unit property built for the buyer who wants a home and an income stream under the same deed. The front house lives like a single-family residence — a remodeled 2-bed/1-bath Craftsman with hardwood floors, mini-split AC, and the kind of curb appeal that makes the whole property show. Behind it, two fully upgraded studios sit mid-lot, each self-contained. A rear 1-bedroom with private entry completes the mix. Three of the four units have been fully renovated. What separates this from most small multifamily: real physical separation. Front house, mid studios, and rear unit each occupy their own zone of the lot. Tenants get privacy. So does the owner. That's rare in a four-unit footprint and it's why occupancy holds. Units can be delivered vacant, so you set your own rents and your own occupancy plan from day one — house-hack the front house and let the other three carry the note, or stabilize all four and run it as a pure income asset. As a 2-4 unit property, it qualifies for residential financing rather than commercial terms — a meaningful advantage for the owner-occupant buyer. Location does the heavy lifting on the rental side: one of Long Beach's most walkable, highest-demand corridors, minutes to Rosie's Dog Beach, the Naples Canals, Belmont Veterans Memorial Pier, and the shops and restaurants along 2nd Street and Broadway. Reported gross income: $126,000/year furnished. $105,000 stabilized straight-line. Income and expense figures per seller; buyer to verify all information independently.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Laundry See Remarks

Exterior

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Park, Sidewalks, Storm Drains, Street Lights

Building

Lot Description Front Yard, Near Public Transit, Rectangular Lot, Yard, 0-1 Unit/Acre

Sewer Public Sewer

Others

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Tim Freund

Tim Freund

+1(805) 427-3008

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236 Redondo