1090 Redondo, Long Beach, CA 90804
Los Angeles County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1956
Stories
2
Living Area
9,851 sq ft
Lot Size
0.14 acres
Parking Spaces
4
MLS® Listing#
PW26150787
Property Features
Cooling
Heating
Laundry
Fencing
Lot Features
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$30,108
Tax year 2025
Parcel Number
7258007001
Directions
On SE corner of Redondo Ave & 11th St.
Affordability Calculator
$540,000
Estimated monthly payment
$14,371/mo
Principal $2,160,000 · Est. interest $3,013,392 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Beach, CA
- $1,000,000
- Median Listing Price
- 55
- Median Days on Market
- 1,897
- Median Sq Ft
- $795
- Median Price / Sq Ft
- 2,446
- Active Listings
- This home’s price is 170% above the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Beach, CA.
Location
Points of Interest in Long Beach, CA
Showing the Long Beach area map.
Nearby Schools
Willard Elementary
Elementary · 0.2 mi away
Jefferson Leadership Academies
Secondary · 0.4 mi away
Bryant Elementary
Elementary · 0.4 mi away
Oakwood Academy
School · 0.5 mi away
Oak Tree Academy
School · 0.5 mi away
Nieto Herrera Elementary School
Elementary · 0.6 mi away
Maple Village Waldorf School
Elementary · 0.6 mi away
Woodrow Wilson High School
Secondary · 0.7 mi away
Fremont Elementary School
Elementary · 0.8 mi away
Burbank Elementary
Elementary · 0.9 mi away
Mann Elementary School
Elementary · 0.9 mi away
Richard D Browning High School
Secondary · 1.1 mi away
Our Lady of Refuge School
School · 1.1 mi away
Creative Arts School
School · 1.2 mi away
Jessie Elwin Nelson Academy
School · 1.3 mi away
Whittier Elementary School
Elementary · 1.3 mi away
Alvarado Elementary School
Elementary · 1.4 mi away
Benjamin F Tucker Elementary School
Elementary · 1.4 mi away
Lincoln Elementary School
Elementary · 1.5 mi away
Marina Montessori School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 811 Huntington, Huntington Beach, CA | $1,890,000 | — | — | — |
| 414 Main 400, Huntington Beach, CA | $1,894,000 | 2 | 3 | 1,661 |
| 2007 Blossom Lane, Redondo Beach, CA | $1,894,000 | 4 | 5 | 2,600 |
| 129 W 5th Street, Long Beach, CA | $1,895,000 | — | — | 10,000 |
| 4336 N Lakewood, Long Beach, CA | $1,895,000 | — | — | 3,772 |
| 1515 Electric Avenue, Seal Beach, CA | $1,895,000 | — | — | 2,002 |
Moving Cost Estimate
EXIT Agents in Long Beach
Listing Courtesy: Sage Real Estate Group, Inc. - 562-307-0838
Presented by: Juan Huizar
Licensed in the state of California.