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.
Details
| MLS # | SB26105099 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1919 |
| Days On Site | 93 |
| Listing Provided By | eXp Realty of Greater Los Angeles, Inc. | Kevin DaSilva |
Features
| SQ Feet | 2,170 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 0.11 |
| Golf Course | Yes |
Exterior
| Lot Features | Zero To One Unit Acre, Front Yard, Near Public Transit, Rectangular Lot, Yard |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Park, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90803 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Listing VS Median (in 90803) | |
Price: $1,749,000 low | high Med: $1,599,000 sqft: 2,170 low | high Med: 1,889 $ / sqft: $806 low | high Med: $846 On site: 93 low | high Med: 9 | |
Market Activity 90803
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90803 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Listing VS Median (in 90803) | |
Price: $1,749,000 low | high Med: $1,599,000 sqft: 2,170 low | high Med: 1,889 $ / sqft: $806 low | high Med: $846 On site: 93 low | high Med: 9 | |
 | $1,655,000246 NewportLong Beach, CA 90803 |