236 Redondo, Long Beach, CA 90803

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.

Listing description from the October 2026 sale, as reported to CRMLS.

Sale history

$1,630,000

Sold October 2026 · listed $1,749,000, orig. $1,950,000, on market May 2026, 74 days on market · MLS #SB26105099 · Source: CRMLS

Listing Agent: Kevin DaSilva · Listing Office: eXp Realty of Greater Los Angeles, Inc. · Contact: 424.392.4213 · Bought with: Mary Ryan · Pacific Sotheby's Int'l Realty

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