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219 Redondo Ave
Long Beach, CA 90803 Belmont Heights

$1,988,888 USD

Apartments For Sale  •  3,764 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,764 SF
  • Lot Size 0.07 AC
  • Building Class B
  • Year Built 1923
  • Cap Rate 4.20 %
  • Zoning LBR3S
40 Transit Score
70 Walk Score

Highlights

2 Blocks to the Beach in Historic Bluff Park, sits along the Broadway Corridor walking distance to many restaurants and shops
Very spacious units average 845 sqft each. Remodeled and full of character.
Very low maintenance building with no Cap Ex needed. Meticulously maintained by the owner. Remodeled units, New Plumbing, New Polymer Roof

Property Flyers

Financial Summary (Actual)

Net Operating Income: $82,607 USD (2025)
Cap Rate: 4.20 %
Total Expenses: $30,973 USD

Amenities

  • Controlled Access
  • Gated
  • Smoke Free
  • Vintage Building
  • Public Transportation
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 5.0 mi
John Wayne/Orange County 28 min - 19.6 mi
Los Angeles International 34 min - 23.8 mi
Trevor Laramee 562-256-5643 Realty Source, Inc.
Trevor Laramee 562-256-5643 Realty Source, Inc.