23
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$1,950,000
Est. payment /mo
5 Beds
4 Baths
5,001 Sqft Lot
New
236 Redondo Long Beach, CA 90803
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26105099
Bedrooms 5
Lot Size 5,001 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
LIVE STEPS FROM THE SAND WHILE 3-UNITS PAY YOUR MORTGAGE! Welcome to 236 Redondo Ave, a turnkey Belmont Shore 4-plex that checks every box for the buyer who wants a home and a portfolio. The front house is a remodeled 2-bed/1-bath Craftsman with hardwood floors, mini-split AC, and serious curb appeal. Behind it, two upgraded studios operate as furnished rentals currently generating strong short-term income and can be delivered vacant so you walk in with options. The rear 1-bedroom rounds out the unit mix with its own private entry and natural separation between all four units. Three of the four units have been fully renovated. The layout offers rare functional independence front house, mid studios, and rear unit each occupy their own zone of the lot, giving tenants (and you) genuine privacy. All of this sits less than a mile from Rosie's Dog Beach, the Naples Canals, and Belmont Veterans Memorial Pier, in one of Long Beach's most walkable, high-demand rental corridors. Current gross income: $126K/year with furnished rentals. Stabilized at $105K straight-line. Either way, the asset pays.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Broadway. East side of Redondo Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7264001015
Acceptable Financing FHA, VA
Listing Terms FHA, VA
Listed by Kevin DaSilva, DRE#01946257 eXp Realty of Greater Los Angeles, Inc.
NEARBY SCHOOL & BUSINESS
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