Overview
- MixedUse
- 2
- 1923
Description
Triplex in Belmont Heights. Vibrant Redondo Avenue frontage. Live work allowed under zoning. Duplex in the front, free standing cottage in the back above a two car garage with lots of parking and storage.
Well maintained with pride of ownership. Recent paint, roof, and cement driveway. Low maintenance, tenants pay all utilities.
One unit currently vacant for owner/operator. Seller will guarantee lease income for three months. Total projected gross income of $7000 from all three units.
One unit is rented to a hair salon with one year left on the lease with interest in extending for 5 years. Back building is a one bedroom apartment on a month to month basis which includes the two car garage and storage/laundry room. Possible conversion to an ADU utilizing the two car garage and laundry facility.
Seller has owned and managed the property for 40 years.
Address
Open on Google Maps- Address Redondo
- City Long Beach
- State/county Los Angeles
- Zip/Postal Code 90814
Details
Updated on March 29, 2026 at 6:08 pm- Property ID: HZIN26067467
- Price: $1,200,000
- Garages: 2
- Year Built: 1923
- Property Type: MixedUse
- Property Status: ResidentialIncome
- Listed by: CHARLES BRILL
- DRE #: 00974881
- Contact Phone: 310-710-3127
- Contact Mail: chuck.brill@daumcommercial.com
- Brokered by: DAUM COMMERCIAL REAL ESTATE
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