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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,950,000

Est. payment | -/mo

5 Beds

4 Baths

5,001 Sqft Lot

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$ 1,950,000

Est. payment | -/mo

Save

5 Beds

4 Baths

5,001 Sqft Lot

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

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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236 Redondo Long Beach, CA 90803