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$2,150,000 Just Listed
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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.
Full Property Details
Full Property Details for 389 Redondo
General
- Price: $2,150,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PW26127449
- Updated: 6/11/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Corner of Redondo Ave. and 4th Street
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 3675
- Square Feet: 3,675
- Year Built: 1986
- Year Built Source: Public Records
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.3014
- Useable Acres: .3014
- Lot Size (Sq. Ft.): 13,129
- Lot Size Source: Assessor
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $585
Disclosures and Reports
- Property ID: 7257014028
Listed by Pabst, Kinney & Associates, SpencerPabst
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Schools
Schools serving 389 Redondo
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 257 Coronado Avenue, Long Beach, CA 90803 | K-5 | 0.3 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.4 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 389 Redondo
Date
Details
Price
Change
Source
6/11/2026
Listed
$2,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 389 Redondo
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,998
7%
$448,063
4%
2023
$5,617
6%
$430,665
2%
2022
$5,275
2%
$422,221
2%
2021
$5,156
—
$413,943
1%
2020
$5,140
—
$409,699
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 389 Redondo
389 Redondo, Long Beach, CA 90814 (MLS# PW26127449) is a Retail property. 389 Redondo is currently listed for $2,150,000 and was received on June 11, 2026. Want to learn more about 389 Redondo? Do you have questions about finding other Retail real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

