Movoto Real Estate
Sold on 07/17/2026
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247 Redondo, Long Beach, CA 90803

$950,000

Last sold 07/17/2026 after 155 Days

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    bed

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    bath

Multi-family not for sale

About 247 Redondo

Property type Multi-family
Year built 1924
HOA fee $0/month
Lot size 3,593 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Prime Belmont Heights Duplex. Residential and/or Commercial. **Fixer** Property is zoned CNR, which is a mixed-use district permitting small scale commercial uses and/or moderate density residential. Previously the lower unit was used as an office; however it can be used/converted to residential if you prefer. The (downstairs unit) office includes built-in book shelving, central Air Conditioning and FAH. The upstairs is a residential large 1 Bedroom rental. There are two garages in the rear along with a large concrete patio that can be used for additional parking, entertaining or build an ADU? Rare opportunity with Redondo St. frontage. This is your opportunity to have your own Redondo Ave. street frontage - office with income above and parking too! See attached supplements and Virtual Tour.
Listed by
Listing Agent - Mark Kachigan
Listing Agent Contact: 562-225-4848
Listing Office - Pabst, Kinney & Associates
Source: CRMLS mls logo
MLS#PW26004876 • last updated 2 months ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two, Spanish
Type Residential Income
SubType Duplex
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.0825
Lot Size (SqFt) 3593
Year Built 1924
Interior
Laundry None
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 1928
Roof Composition
Parking Garage, Concrete, Driveway Level, Garage Faces Front, Driveway
# Parking Spaces 2
# Garage Spaces 2
Lot Description Level With Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Walkstreet, Back Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - On Property
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Biking, Street Lights, Storm Drains, Sidewalks, Park
Subdivision Belmont Heights (BH), Belmont Heights (BH)
Zoning CNR
Directions Between Broadway And 3rd St.
APN 7264004030
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1800
Operating Expense 17460
Total Expenses 17460
Gross Income 34800
Gross Operating Income 58200
Gross Multiplier 19.6
Gross Scheduled Income 60000
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,668/month
Gross rent multiplier: 47.5
  • Jul 2026
    mls logo MLS # PW26004876
  • Jul 17, 2026 Sold
    $950,000 (-4.9%)
  • Jul 14, 2026 Pending
    —
  • Jun 6, 2026 Active
    —
  • Jun 1, 2026 Price Change
    $999,000 (-7.1%)
  • Apr 16, 2026 Listed
    $1,075,000 (-8.5%)
  • Mar 21, 2026 Active
    —
  • Feb 12, 2026 Listed
    $1,175,000
  • Year Property taxes Tax assessment
  • 2024
    $6,611 +1.8%
    $475,998 +2.0%
  • 2023
    $6,495 +6.4%
    $466,670 +2.0%
  • 2022
    $6,107 +2.2%
    $457,525 +2.0%
  • 2021
    $5,974 +0.3%
    $448,560
  • 2020
    $5,959
    $448,560
  • 247 Redondo
    $950K
  • —
  • 90803
    $1.19M -8% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

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