1090 Redondo Ave, Long Beach, CA, 90804
About This Home
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.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1956
Materials
- Construction materials: Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 7
Features
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 9,851
- Total interior livable area: 9,851 sqft
Property
Details
- Parcel number: 7258007001
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Lot size: 6,241 sqft
- Features: 0-1 Unit/Acre,Corner Lot
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,652 | $163,824 |
| Home Insurance * | $350 | $4,200 |
| Property Taxes | $3,127 | $37,524 |
| Electricity | $2,112 | $25,349 |
| Total | $19,241 | $230,892 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $2,700,000 |
| 2016-10-20 | Sold | $1,860,000 |
| 2002-12-24 | Sold | $560,000 |
| 1994-03-11 | Sold | $20,000 |
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