389 Redondo,Long Beach, CA 90814
Long Beach, CA 90814
Description
Pabst, Kinney & Associates, Inc. is pleased to present the offering of 389 Redondo Avenue in Long Beach, Californiaavailable 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.
Details
| MLS # | PW26127449 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1986 |
| Days On Site | 87 |
| Listing Provided By | Pabst, Kinney & Associates | Spencer Pabst |
Features
| SQ Feet | 3,675 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.30 |
Exterior
| Lot Features | Corner Lot |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90814 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Listing VS Median (in 90814) | |
Price: $2,150,000 low | high Med: $630,000 sqft: 3,675 low | high Med: 1,078 $ / sqft: $585 low | high Med: $585 On site: 87 low | high Med: 30 | |
Market Activity 90814
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90814 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Listing VS Median (in 90814) | |
Price: $2,150,000 low | high Med: $630,000 sqft: 3,675 low | high Med: 1,078 $ / sqft: $585 low | high Med: $585 On site: 87 low | high Med: 30 | |
 | $1,350,000679 ObispoLong Beach, CA 90814 |
 | $1,475,0003822 E 7th StreetLong Beach, CA 90804 |
 | $1,599,000621 Termino AvenueLong Beach, CA 90814 |