REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Erica Olsen

erica@asktheolsens.com +1(714) 782-2970

$ 1,749,000

Est. payment -/mo

Save Virtual Tour

Price Dropped by $100K

236 Redondo Long Beach, CA 90803

5,000 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26105099

HOA Y/N No

Year Built 1919

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Property Description

FOUR DOORS, ONE LOT, WALKING DISTANCE TO THE WATER! 236 Redondo Ave is a turnkey four-unit property built for the buyer who wants a home and an income stream under the same deed. The front house lives like a single-family residence — a remodeled 2-bed/1-bath Craftsman with hardwood floors, mini-split AC, and the kind of curb appeal that makes the whole property show. Behind it, two fully upgraded studios sit mid-lot, each self-contained. A rear 1-bedroom with private entry completes the mix. Three of the four units have been fully renovated. What separates this from most small multifamily: real physical separation. Front house, mid studios, and rear unit each occupy their own zone of the lot. Tenants get privacy. So does the owner. That's rare in a four-unit footprint and it's why occupancy holds. Units can be delivered vacant, so you set your own rents and your own occupancy plan from day one — house-hack the front house and let the other three carry the note, or stabilize all four and run it as a pure income asset. As a 2-4 unit property, it qualifies for residential financing rather than commercial terms — a meaningful advantage for the owner-occupant buyer. Location does the heavy lifting on the rental side: one of Long Beach's most walkable, highest-demand corridors, minutes to Rosie's Dog Beach, the Naples Canals, Belmont Veterans Memorial Pier, and the shops and restaurants along 2nd Street and Broadway. Reported gross income: $126,000/year furnished. $105,000 stabilized straight-line. Income and expense figures per seller; buyer to verify all information independently.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Near Public Transit, Rectangular Lot, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7264001015

Acceptable Financing Cash to New Loan, FHA, VA Loan

Listing Terms Cash to New Loan, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/4003bc6d-a0d9-4c12-8038-471c09642bf7?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kevin DaSilva eXp Realty of Greater Los Angeles, Inc. 424.392.4213, DRE #01946257

Erica Olsen

Agent | License ID: 01911046

+1(714) 782-2970

Erica Olsen

236 Redondo Long Beach, CA 90803

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

236 Redondo