Home | Los Angeles County | Long Beach | 90804 | 1090 Redondo
MLS: CRPW26163930 | Status: | Price: $2,700,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,241 | 1956 |
Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totaling approximately 9,851 square feet on a 6,241 square foot lot. The asset offers excellent street frontage, strong visibility, and professionally maintained commercial spaces occupied by established local businesses. Recent tenant improvements include beautifully renovated salon and tattoo studio interiors, enhancing the property’s appeal while supporting a diversified income stream. The residential units provide stable cash flow with additional rental upside through future turnover. Currently generating approximately $251,515 in annual scheduled gross rental income, this investment offers stable in-place income with future rental growth potential and long-term appreciation. Additional features include four on-site parking spaces, LBCNR (Store & Residential) zoning, and a highly walkable location with convenient access to Belmont Heights, Recreation Park, California State University Long Beach, Downtown Long Beach
| Field | Value |
|---|---|
| MLS # | CRPW26163930 |
| MLS Source | California Regional MLS |
| Days on Site | 11 |
| Feature | Details |
|---|---|
| Laundry | None |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
Juan Huizar
Sage Real Estate Group, Inc.
License #: 01417642
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Willard Elementary School | public | K-5 | 0.24 mi | 3 |
| Jefferson Leadership Academies School | public | 6-8 | 0.37 mi | 7 |
| Bryant Elementary School | public | K-5 | 0.46 mi | 6 |
| Lee Elementary School | public | K-5 | 0.60 mi | 6 |
| Wilson High School | public | 9-12 | 0.70 mi | 6 |
| Fremont Elementary School | public | K-5 | 0.79 mi | 8 |
| Burbank Elementary School | public | K-5 | 0.89 mi | 7 |
| Mann Elementary School | public | K-5 | 0.95 mi | 7 |
| Richard D. Browning High | public | 9-12 | 1.10 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 1.29 mi | 3 |
| Whittier Elementary School | public | K-5 | 1.31 mi | 5 |
| Alvarado Elementary School | public | K-5 | 1.33 mi | 9 |
| Lincoln Elementary School | public | K-5 | 1.43 mi | 7 |
| Franklin Classical Middle School | public | 6-8 | 1.50 mi | 4 |
| Rogers Middle School | public | 6-8 | 1.52 mi | 8 |
| Robinson Academy | public | K-8 | 1.54 mi | 5 |
| Washington Middle School | public | 6-8 | 1.54 mi | 4 |
| Lowell Elementary School | public | K-5 | 1.56 mi | 7 |
| Bixby Elementary School | public | K-5 | 1.67 mi | 8 |
| Long Beach School For Adults | public | UG | 1.70 mi | N/A |
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This listing information is up-to-date as of August 05, 2026. For the most current information, please contact Juan Huizar.