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Listed by Kevin DaSilva, DRE #01946257 • eXp Realty of Greater Los Angeles, Inc.
$ 1,749,000
Est. payment | /mo
5,001 Sqft Lot
$ 1,749,000
Est. payment | /mo
5,001 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26105099
Year Built 1919
Lot Size 5,001 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Exterior
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 7264001015
Special Listing Condition Not Applicable
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