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389-395 Redondo Ave
Long Beach, CA 90814 Belmont Heights

$2,150,000 USD

Freestanding For Sale  •  4,167 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,675 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1986
  • Tenancy Multiple
  • Zoning LBCNR
50 Transit Score
70 Walk Score

Highlights

100% Occupied Multi-Tenant Retail Asset | Three (3) Tenants | NNN Leases
First Time on the Market in Over 40 Years – Generational Ownership
Strong, Stable Cash Flow with 3% Annual Rental Increases
Established Tenant Base with Long-Term Occupancy and Proven Performance
Prime Belmont Heights Location with Potential Future Development Upside
Signalized Hard Corner Intersection at Redondo Ave & 4th Street

Amenities

  • Pylon Sign
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 4.5 mi
John Wayne/Orange County 27 min - 19.1 mi
Los Angeles International 34 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Spencer Pabst 562-884-6875 Pabst, Kinney & Associates, Inc.
Spencer Pabst 562-884-6875 Pabst, Kinney & Associates, Inc.