219 Redondo Avenue, Long Beach, California 90803, Long Beach, 90803 - 0 bed, 0 bath
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Long Beach, California 90803
This Turnkey Historic Fourplex is a Prime Investment Opportunity, listed at $1,988,888—positioned well below the $2,089,845 Fair Market Value by 4%. This valuation gap offers $100,957 in Instant Equity. Boasting an Excellent Condition Rating, the property features fully remodeled units with refinished red oak floors, granite counters, and private backyard spaces just two blocks from the Pacific. Located in the prestigious Bluff Park neighborhood near 9/10 rated Lowell Elementary, it offers significant rental upside under AB 1482. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end coastal house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Redondo Avenue Subject | $1,988,888* List Price | 0 | 0 | 3,764 | $555 | - |
A 118 Roycroft Avenue Pending | $1,600,000 List Price | 5 | 3 | 2,722 | $588 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1923, this property has been extensively renovated and meticulously maintained, meeting the criteria for excellent condition. Significant recent capital improvements include a new polymer roof (2023) and updated plumbing/drain lines (2018). The interiors are fully remodeled with refinished red oak floors, granite countertops, custom subway tile, and high-end restored vintage O’Keefe and Merritt stoves, offering a turnkey investment with no deferred maintenance.
Elementary School: Lowell Elementary School (9/10).
Situated in the prestigious Bluff Park neighborhood just two blocks from the Pacific Ocean, this property commands high tenant demand due to its proximity to the beach and the vibrant Broadway Corridor.
The property features significant capital improvements, including a new polymer roof (2023) and updated plumbing (2018), paired with fully remodeled units that blend historic charm with modern luxury.
With a building size of 3,764 sqft on a 3,301 sqft lot, on-site parking is likely limited or non-existent, which can be a significant drawback for tenants in a high-density coastal area.
Built in 1923, the property’s original architectural features, such as double-hung windows and vintage French doors, may require more frequent and specialized maintenance compared to modern constructions.
Coastal Charm Meets Historic Elegance in Bluff Park. Experience a rare opportunity to own a "pride of ownership" fourplex situated just two blocks from the Pacific. Nestled on the edge of the vibrant Broadway Corridor and the historic Bluff Park neighborhood, this property sits among wide, tree-lined streets and iconic turn-of-the-century architecture. The craftsmanship is evident from the moment you see the wrought iron fencing and custom awnings. Inside, these extra-large, fully remodeled units perfectly blend vintage character with modern luxury. Interior Highlights: Refinished red oak floors, original double-hung windows, and French doors opening to Juliet balconies that catch the ocean breeze. Kitchen's feature restored antique O’Keefe and Merritt stoves, granite counters, and custom subway tile. Space to Breathe: Each unit boasts a large living/dining area, a dedicated home office alcove, oversized bedrooms, and its own washer/dryer. Outside, tenants have private,large backyard outdoor spaces perfect for lounging. With low expenses, updated plumbing, all supply and drain lines (2018), A new polymer roof in 2023 and significant rental upside, this is a turnkey gem in an unbeatable location. Secure a cornerstone asset for your portfolio with this meticulously maintained fourplex in Long Beach’s coveted Bluff Park. Long Beach is NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%).
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,764 | 2,324 | 88% |
| Lot Size | 3,301 | 3,218 | 54% |
| Price | $1.99M | $1.53M | 83% |
| Price per sq ft | $528 | $715 | 17% |
| Built year | 1923 | 1942 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 148 | 25% |
Feb 26, 2026
$1,988,888
Initial Listing
Nov 5, 2021
$1,750,000
Public Record
Nov 8, 2000
$405,000
Public Record