1090 Redondo Ave Long Beach, CA 90804
Recreation Park NeighborhoodEstimated payment $17,221/month
Highlights
- Corner Lot
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- No HOA
- Wrought Iron Fence
About This Home
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, and major transportation corridors. 1090 Redondo Avenue presents an outstanding opportunity for investors seeking a well-maintained mixed-use asset in one of Long Beach’s most desirable rental markets.
Listing Agent
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 07/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,108
Year Built
- Built in 1956
Lot Details
- 6,241 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Corner Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Entry on the 1st floor
- Frame Construction
- Stucco
Interior Spaces
- 9,851 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- Unit 6 Bathroom: 0
- Unit 7 Bathroom: 0
- Unit 8 Bathroom: 0
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
- Unit 3 Bathroom: 0
- Unit 4 Bathroom: 0
- Unit 5 Bathroom: 0
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 1-2
- Assessor Parcel Number 7258007001
- $2,712 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- 8 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $20,561
- Insurance Expense $7,606
- Maintenance Expense $9,871
- Other Expense $600
- Professional Management Expense $12,560
- New Taxes Expense $33,750
- Operating Expense $81,306
- Gross Income $13,747
- Net Operating Income $180,356
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,108 | $2,158,684 | $707,954 | $1,450,730 |
| 2024 | $28,749 | $2,116,358 | $694,073 | $1,422,285 |
| 2023 | $28,248 | $2,074,862 | $680,464 | $1,394,398 |
| 2022 | $26,537 | $2,034,179 | $667,122 | $1,367,057 |
| 2021 | $25,956 | $1,994,294 | $654,042 | $1,340,252 |
| 2019 | $25,582 | $1,935,144 | $634,644 | $1,300,500 |
| 2018 | $24,902 | $1,897,200 | $622,200 | $1,275,000 |
| 2017 | $24,638 | $1,860,000 | $610,000 | $1,250,000 |
| 2016 | $9,725 | $685,132 | $244,688 | $440,444 |
| 2015 | $9,371 | $674,842 | $241,013 | $433,829 |
| 2014 | $9,315 | $661,623 | $236,292 | $425,331 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $2,700,000 | +45.2% | $274 / Sq Ft | |
| 10/20/2016 10/20/16 | Sold | $1,860,000 | -11.4% | $188 / Sq Ft | View Prior Sale |
| 09/20/2016 09/20/16 | For Sale | $2,100,000 | 0.0% | $213 / Sq Ft | |
| 07/22/2016 07/22/16 | Pending | -- | -- | -- | |
| 06/06/2016 06/06/16 | For Sale | $2,100,000 | -- | $213 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,860,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $560,000 | -- | |
| Quit Claim Deed | $245,000 | Fidelity National Title Ins | |
| Trustee Deed | $20,000 | Orange Coast Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | Commercial | |
| Previous Owner | $350,000 | Construction | |
| Previous Owner | $364,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26163930
APN: 7258-007-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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