341 Redondo, Long Beach, CA 90814

$1,200,000

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Sold Price
$1,200,000
List Price
$1,200,000
Closing Date
Jul 17, 2026
Status
CLOSED
MLS#
IN26067467
Year Built
1923
Lot Size
4,001
Acres
0.09
Lot Location
Near Public Transit
Days on Market
43
Property Type
Multifamily
Property Sub Type
Mixed Use
Neighborhood
Belmont Heights (Bh)

Property 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, extra storage/laundry room. Well maintained with pride of ownership. Recent paint, roof, and cement driveway. Low maintenance, tenants pay all utilities. One unit currently available for owner/operator. Seller will guarantee lease income for three months. Total actual gross income of $7000 from all three units. Low maintenance, low expenses, tenants pay all utilities, and they take care of monthly landscaping. One unit is rented to a hair salon with almost 2 years left on the lease with interest in extending for 5 years. Back building is a large one bedroom apartment on a month to month basis which includes the two car garage and storage/laundry room. Possible garage conversion to an ADU utilizing the two car garage and laundry facility. Seller has owned and managed the property for 40 years.

Additional Information

Pool Description
None
Fireplace Description
Gas
Heat
Floor Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$84,000
Operating Expense
17000

Listing courtesy of Listing Agent: CHARLES BRILL (chuck.brill@daumcommercial.com) from Listing Office: DAUM COMMERCIAL REAL ESTATE.

Listing sold by Ian Thompson from Real Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.