389 Redondo, Long Beach, CA 90814

$2,080,000

Est. payment /mo

$2,150,000

3.3%
Est.Price: ?

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389 Redondo Long Beach, CA 90814

0.3 Acres Lot

SOLD DATE : 09/25/2026

Key Details

Sold Price $2,080,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW26127449

Sold Date 09/25/26

HOA Y/N No

Year Built 1986

Lot Size 0.301 Acres

Property Sub-Type Retail

Property 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.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Fireplace No

Laundry None

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 7257014028

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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Listed by Spencer Pabst Pabst, Kinney & Associates 562-884-6875, DRE #01849377
Bought with Spencer Pabst Pabst, Kinney & Associates
NEARBY SCHOOLS & BUSINESSES
Tatiana Batmanian

Tatiana Batmanian

Director, Estates Division License ID: 01986103

+1(818) 726-2663

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