389 Redondo , Long Beach, CA 90814
$2,150,000
Est. Payment: $11,387.81/mo
0 Bed
0 Bath
3675 Sqft
Status: Active Under Contract | Days on site: 15
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PW1004 - PSPENCER
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House Description

Pabst, Kinney & Associates, Inc. is pleased to present the offering of 389 Redondo Avenue in Long Beach, California—available for sale for the first time in over 40 years. This well-maintained, multi-tenant retail property is anchored by Domino’s Pizza and consists of approximately 3,675 square feet of improvements situated on a 13,129 square foot lot. The property features a strong and established tenant mix, including Domino’s Pizza (since 2001), Granny’s Donuts (since 1995), and a long-standing dental office. All tenants operate under triple-net (NNN) lease structures, providing an investor with a stable, low-management income stream and minimal landlord responsibilities. Over the past 15 years, the property has experienced zero vacancy, underscoring the stability and long-term success of its tenancy. The site offers 21 surface parking spaces and benefits from approximately 122 feet of frontage along Redondo Avenue. Strategically located in the highly desirable Belmont Heights neighborhood, the property sits at a signalized, high-traffic intersection at Redondo Avenue and 4th Street, providing excellent visibility and consistent consumer traffic. This is a rare opportunity to acquire a true pride-of-ownership retail asset with durable cash flow and passive income characteristics in one of Long Beach’s most sought-after coastal​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌​‌​‌​​​‌​‌ submarkets.

Highlights

Listed by Spencer Pabst , 562-884-6875 Pabst, Kinney & Associates , 562-987-3244. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.3

Year Built

1986

County

Los Angeles

Area

2 - Belmont Heights, Alamitos Heights

Listing ID

PW26127449

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Corner Lot,No Land Lease
Others:
  • Additional:2+ Total Units
Principal Interest
$11,388
Taxes
$1,371

Home Price

$2,150,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$430,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,387.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,387.81 $1,370.63 $0.00 $12,758.43
Yearly $136,653.72 $16,447.50 $0.00 $153,101.22
Total $4,099,611.49 $493,425.00 $0.00 $4,593,036.49

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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