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Stacey Alysson Melman

1090 Redondo
Long Beach, CA, 90804
$2,700,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #PW26163930 image #0
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.
AGENT: Juan Huizar
LISTING BROKERAGE: Sage Real Estate Group, Inc.
1090 Redondo
Long Beach, CA

Property Details

Price:
$2,700,000
MLS #:
PW26163930
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
3eastsidecirclearea
Listed Date:
Jul 29, 2026
Total Sq Ft:
9,851
Lot Size:
6,241 sqft / 0.14 acres (approx)
Year Built:
1956
3 – Eastside, Circle Area3eastsidecircleareaNone
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Schools

Interior

Cooling
WW
Heating
WL
Laundry Features
NO
Levels
U

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB
Construction Materials
STC, FRM
Fencing
WI
Garage Spaces
4
Parking Spots
4
Parking Total
4
Spa Features
NO
View
NO

Financial

Gross Operating Income
$261,662
Maintenance Fee
$9,871
Net Operating Income
$180,356
Tax Year
2025
Taxes
$30,108

Map

Community

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