NOT LISTED FOR SALE

Estimated Value: $1,796,579

3 Beds
3 Baths
2,170 Sq Ft
$828/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

Last sale price $945,000 $435 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,043 / mo

14 Days on Market

About This Home

As of January 2016

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.

Last Agent to Sell the Property

Anthony Walker

Buckingham Investments, Inc License #01908153 Listed on: 11/03/2015

Co-Listed By

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Last Buyer's Agent

Flori Parham

Berkshire Hathaway HomeServices California Properties License #01977106

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,001 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,170 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5772
  • Assessor Parcel Number 7264001015

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Belmont Heights Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,245
  • Trash Expense $500
  • Water Sewer Expense $587
  • New Taxes Expense $11,875
  • Operating Expense $22,711
  • Gross Income $4,582
  • Net Operating Income $29,523

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 587.00
  • Property Type: Residential Income
  • Parcel Number: 7264001015
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 435.48

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5001.00
  • Price Per Lot Square Foot: 188.96
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 4582.00
  • Gross Scheduled Income: 54984.00
  • Insurance Expense: 2245.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 29523.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22711.00
  • Rent Control: No
  • Total Expenses: 22711.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Lot: 9
  • Tax Tract Number: 5772

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2017
Sold by
Bought by
Current Estimated Value
$1,796,579

Purchase Details

Listed on
Nov 3, 2015
Closed on
Dec 1, 2015
Sold by
Bought by
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Flori Parham
Berkshire Hathaway HomeServices California Properties
List Price
$950,000
Sold Price
$945,000
Premium/Discount to List
-$5,000
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$756,000
Outstanding Balance
$582,017
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,214,562

Purchase Details

Closed on
Feb 20, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1993
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
-- None Available
$945,000 Pacific Coast Title Company
-- None Available
-- None Available
-- United Title Company
$770,000 Chicago Title
-- California Counties Title Co
Source: Public Records

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 Borrower Loan Amount
Open $756,000
Previous Owner $616,000
Previous Owner $616,000
Previous Owner $77,000
Previous Owner $616,000
Source: Public Records

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
06/20/2026 06/20/26 For Sale $1,849,000 0.0% $852 / Sq Ft
06/19/2026 06/19/26 Off Market $1,849,000 -- --
05/19/2026 05/19/26 For Sale $1,950,000 +106.3% $899 / Sq Ft
01/15/2016 01/15/16 Sold $945,000 -0.5% $435 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $950,000 -- $438 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,046 $1,118,680 $828,655 $290,025
2024 $14,407 $1,096,746 $812,407 $284,339
2023 $14,162 $1,075,242 $796,478 $278,764
2022 $13,294 $1,054,160 $780,861 $273,299
2021 $13,031 $1,033,491 $765,550 $267,941
2019 $12,845 $1,003,180 $742,845 $260,335
2018 $12,475 $983,518 $728,280 $255,238
2016 $7,304 $583,365 $436,162 $147,203
2015 $7,015 $574,603 $429,611 $144,992
2014 $6,980 $563,348 $421,196 $142,152
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15238892

California Regional Multiple Listing Service (CRMLS)

APN: 7264-001-015

Your Personal Tour Guide

Ask me questions while you tour the home.