Eastside, Circle Area (3) Homes with Mixed Use Subtype

Eastside, Circle Area (3) Homes with Mixed Use Subtype

Welcome to the vibrant Eastside Circle Area in Long Beach, CA! This dynamic neighborhood nestled in Los Angeles County offers a unique blend of residential charm and commercial convenience.

Known for its eclectic mix of homes with the Mixed Use Subtype, Eastside Circle Area caters to those seeking a live-work-play lifestyle. Imagine owning a property where you can run a business on the ground floor and reside upstairs, creating the perfect work-life balance.

With a diverse range of architectural styles, from historic craftsman homes to modern townhouses, there is something for everyone in this thriving community. Enjoy tree-lined streets, local boutiques, and trendy eateries right at your doorstep.

Conveniently located near major freeways and public transportation, Eastside Circle Area provides easy access to the best that Long Beach has to offer. Whether you're strolling through nearby parks or exploring the bustling downtown scene, you'll always be just minutes away from excitement.

Experience the perfect fusion of urban living and suburban tranquility in the Eastside Circle Area. Come and discover why this neighborhood is not just a place to live, but a lifestyle to embrace.

Newest Eastside, Circle Area (3) Homes with Mixed Use Subtype

$2,700,000
PW26150787 MLS ⋅ Active Status
Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totaling approximately 9,851 square feet on a 6,241 square foot lot. The asset offers excellent street frontage, strong visibility, and professionally maintained commercial spaces occupied by established local businesses. Recent tenant improvements include beautifully renovated salon and tattoo studio interiors, enhancing the property’s appeal while supporting a diversified income stream. The residential units provide stable cash flow with additional rental upside through future turnover. Currently generating approximately $251,515 in annual scheduled gross rental income, this investment offers stable in-place income with future rental growth potential and long-term appreciation. Additional features include four on-site parking spaces, LBCNR (Store & Residential) zoning, and a highly walkable location with convenient access to Belmont Heights, Recreation Park, California State University Long Beach, Downtown Long Beach, and major transportation corridors. 1090 Redondo Avenue presents an outstanding opportunity for investors seeking a well-maintained mixed-use asset in one of Long Beach’s most desirable rental markets.

1090 Redondo, Long Beach

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