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For sale
  • Listed by: Sage Real Estate Group, Inc. • Juan Huizar • Contact: 562-307-0838
    $2,700,000

    1090 Redondo Ave, Long Beach, CA 90804

    7beds
    --baths
    9,851sqft
    : 
    $18,548/mo
    Get pre-qualified
    Mixed Use
    Built in 1956
    -- sqft lot
    $2,613,700 Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Strong visibilityProfessionally maintained commercial spacesThree ground-floor retail storefrontsExcellent street frontageFour on-site parking spaces
    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.
    38 days
    92
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Juan Huizar DRE #01417642 562-307-0838,

    Sage Real Estate Group, Inc.

    Source: CRMLS,MLS#: PW26163930MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: None
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 9,851
      • Total interior livable area: 9,851 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Wrought Iron
      Lot
      • Size: 6,241 Square Feet
      • Features: 0-1 Unit/Acre, Corner Lot
      Details
      • Parcel number: 7258007001
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      Materials
      • Frame, Stucco
      Condition
      • New construction: No
      • Year built: 1956

      Utilities & green energy

      • Electric: Electricity - On Property
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Sidewalks
      • Subdivision: East Side / Circle Area
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $274/sqft
      • Tax assessed value: $2,201,857
      • Annual tax amount: $30,108
      • Date on market: 7/29/2026
      • Cumulative days on market: 39 days
      • Listing terms: Conventional
      • Total actual rent: 20582
      • Tenant pays: See Remarks
      • Road surface type: Paved

        Estimated market value

        $2,613,700

        $2.48M - $2.74M

        $3,017/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$2,700,000+45.2%$274/sqft
        Source: CRMLS #PW26163930 Report a problem
        10/20/2016Sold$1,860,000+232.1%$189/sqft
        Source: Public Record Report a problem
        12/24/2002Sold$560,000+2700%$57/sqft
        Source: Public Record Report a problem
        3/11/1994Sold$20,000$2/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $2,201,857 +2%
        2025$30,108 +4.7%$2,158,684 +2%
        2024$28,749 +1.8%$2,116,358 +2%
        2023$28,248 +6.4%$2,074,862 +2%
        2022$26,537 +2.2%$2,034,179 +2%
        2021$25,956 +0.3%$1,994,294 +1%
        2020$25,886 $1,973,846 +2%
        2019$25,886 +4%$1,935,144 +2%
        2018$24,902 $1,897,200 +2%
        2017$24,902 +1.1%$1,860,000 +171.5%
        2016$24,638 +153.3%$685,132 +1.5%
        2015$9,725 $674,842
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: East Side

        Getting around

        92 / 100
        Walker's Paradise
        49 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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