All New Plumbing, All New Sewer Lines. This 6 unit Trophy Property located in Belmont Heights complete with 4 garages and 3 extra parking spaces. This turn key property features an ideal unit mix with (2) 2 bed + 1 bath units (2) 1 bed/1 bath units and (2) studios. All of the units have been renovated with new floors and counter tops. The property is located directly across from Trolley Park and just steps to the ocean. 3 of the units come with a bonus "office" bedroom and the owner updated the plumbing on the two back studio properties this year. The sewer lines on both properties were replaced in the past year. Rare opportunity to own in highly desirable Belmont Heights dream property with a market 5.35% Cap Rate and an attainable 13 GRM.
Multi-familyProperty Type
1922Year Built
4,984 sq ftLot Size
$463Price/Sq.Ft.
4 car garageParking
Listed by Cameron Samimi•DRE #02035763• Lyon Stahl Investment Real Estate, Inc.
Bought with Todd Mcintosh•DRE #01472763• Coldwell Banker Coastal Alliance
All New Plumbing, All New Sewer Lines. This 6 unit Trophy Property located in Belmont Heights complete with 4 garages and 3 extra parking spaces. This turn key property features an ideal unit mix with (2) 2 bed + 1 bath units (2) 1 bed/1 bath units and (2) studios. All of the units have been renovated with new floors and counter tops. The property is located directly across from Trolley Park and just steps to the ocean. 3 of the units come with a bonus "office" bedroom and the owner updated the plumbing o
All New Plumbing, All New Sewer Lines. This 6 unit Trophy Property located in Belmont Heights complete with 4 garages and 3 extra parking spaces. This turn key property features an ideal unit mix with (2) 2 bed + 1 bath units (2) 1 bed/1 bath units and (2) studios. All of the units have been renovated with new floors and counter tops. The property is located directly across from Trolley Park and just steps to the ocean. 3 of the units come with a bonus "office" bedroom and the owner updated the plumbing on the two back studio properties this year. The sewer lines on both properties were replaced in the past year. Rare opportunity to own in highly desirable Belmont Heights dream property with a market 5.35% Cap Rate and an attainable 13 GRM.
CRMLS #SB18004955
May 30, 2018
Sold
$1,805,000
$463/sq ft
Apr 12, 2018
Pending
—
Feb 26, 2018
Price Changed
$1,799,000
$461/sq ft
Jan 12, 2018
Price Changed
$1,850,000
$474/sq ft
Jan 8, 2018
Listed
$2,100,000
$538/sq ft
Jan 8, 2018
Listed
$1,799,000
$461/sq ft
+11
All New Plumbing, All New Sewer Lines. This 6 unit Trophy Property located in Belmont Heights complete with 4 garages and 3 extra parking spaces. This turn key property features an ideal unit mix with (2) 2 bed + 1 bath units (2) 1 bed/1 bath units and (2) studios. All of the units have been renovated with new floors and counter tops. The property is located directly across from Trolley Park and just steps to the ocean. 3 of the units come with a bonus "office" bedroom and the owner updated the plumbing on the two back studio properties this year. The sewer lines on both properties were replaced in the past year. Rare opportunity to own in highly desirable Belmont Heights dream property with a market 5.35% Cap Rate and an attainable 13 GRM.
CRMLS #S183019
Jan 9, 2013
Price Changed
$49,000
$13/sq ft
Jan 9, 2013
Price Changed
$49,000
$13/sq ft
Jan 9, 2013
Price Changed
$49,000
$13/sq ft
Jan 9, 2013
Price Changed
$49,000
$13/sq ft
Oct 20, 1999
Price Changed
$590,000
$151/sq ft
Oct 20, 1999
Sold
$580,000
$149/sq ft
Oct 20, 1999
Price Changed
$590,000
$151/sq ft
Oct 20, 1999
Price Changed
$590,000
$151/sq ft
Oct 20, 1999
Price Changed
$590,000
$151/sq ft
Oct 20, 1999
Price Changed
$590,000
$151/sq ft
May 27, 1999
Listed
$49,000
$13/sq ft
CRMLS #S178097
Jan 9, 2013
Price Changed
$289,000
$74/sq ft
Jan 9, 2013
Price Changed
$289,000
$74/sq ft
Jan 9, 2013
Price Changed
$289,000
$74/sq ft
Jan 9, 2013
Price Changed
$289,000
$74/sq ft
May 26, 1999
Price Changed
$590,000
$151/sq ft
May 26, 1999
Price Changed
$590,000
$151/sq ft
May 26, 1999
Price Changed
$590,000
$151/sq ft
May 26, 1999
Price Changed
$590,000
$151/sq ft
May 26, 1999
Price Changed
$590,000
$151/sq ft
Apr 9, 1999
Listed
$289,000
$74/sq ft
CRMLS #S173549
Dec 24, 2012
Price Changed
$261,000
$67/sq ft
Dec 24, 2012
Price Changed
$261,000
$67/sq ft
Dec 24, 2012
Price Changed
$261,000
$67/sq ft
Apr 9, 1999
Price Changed
$590,000
$151/sq ft
Apr 9, 1999
Price Changed
$590,000
$151/sq ft
Apr 9, 1999
Price Changed
$590,000
$151/sq ft
Apr 9, 1999
Price Changed
$590,000
$151/sq ft
Feb 18, 1999
Listed
$261,000
$67/sq ft
Public Records
Apr 11, 2001
Sold
$580,000
$149/sq ft
CRMLS #P199241
Dec 31, 2000
Listing Removed
—
Jul 20, 2000
Listed
$590,000
$151/sq ft
CRMLS #P183048
Jul 15, 2000
Listing Removed
—
Apr 9, 2000
Listed
$590,000
$151/sq ft
CRMLS #P167442
Mar 20, 2000
Listing Removed
—
Dec 19, 1999
Listed
$590,000
$151/sq ft
Public Records
Dec 29, 1988
Sold
$560,000
$144/sq ft
Public Records
Aug 3, 1987
Sold
$400,000
$103/sq ft
Public Records
May 19, 1987
Sold
$400,000
$103/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,010 (+8.8%)
$1,508,759 + $586,093
$2,094,852
2024
$928 (+3.0%)
$1,479,176 + $574,601
$2,053,777
2023
$901 (−8.1%)
$1,450,173 + $563,335
$2,013,508
2022
$981 (+6.1%)
$1,421,739 + $552,290
$1,974,029
2021
$924 (−96.1%)
$1,393,862 + $541,461
$1,935,323
2020
$23,475 (+1.2%)
$1,366,532 + $530,845
$1,897,377
2019
$23,199 (+129.8%)
$1,352,520 + $525,402
$1,877,922
2018
$10,096 (+1.1%)
$1,326,000 + $515,100
$1,841,100
2017
$9,990 (+7.6%)
$519,337 + $233,696
$753,033
2016
$9,283 (+4.1%)
$519,337 + $233,696
$753,033
2015
$8,918 (+0.4%)
$509,154 + $229,114
$738,268
2014
$8,880 (+1.5%)
$491,684 + $221,253
$712,937
2012
$8,749 (+4.2%)
$489,462 + $220,254
$709,716
2011
$8,397 (+1.1%)
$479,865 + $215,936
$695,801
2010
$8,304 (+0.6%)
$470,456 + $211,702
$682,158
2009
$8,250 (−26.2%)
$466,940 + $210,120
$677,060
2008
$11,172
$468,050 + $210,620
$678,670
Tax history for 116 Redondo Ave
Year
Property tax
Land + Additions
Assessment*
2025
$1,010 (+8.8%)
$1,508,759 + $586,093
$2,094,852
2024
$928 (+3.0%)
$1,479,176 + $574,601
$2,053,777
2023
$901 (−8.1%)
$1,450,173 + $563,335
$2,013,508
2022
$981 (+6.1%)
$1,421,739 + $552,290
$1,974,029
2021
$924 (−96.1%)
$1,393,862 + $541,461
$1,935,323
2020
$23,475 (+1.2%)
$1,366,532 + $530,845
$1,897,377
2019
$23,199 (+129.8%)
$1,352,520 + $525,402
$1,877,922
2018
$10,096 (+1.1%)
$1,326,000 + $515,100
$1,841,100
2017
$9,990 (+7.6%)
$519,337 + $233,696
$753,033
2016
$9,283 (+4.1%)
$519,337 + $233,696
$753,033
2015
$8,918 (+0.4%)
$509,154 + $229,114
$738,268
2014
$8,880 (+1.5%)
$491,684 + $221,253
$712,937
2012
$8,749 (+4.2%)
$489,462 + $220,254
$709,716
2011
$8,397 (+1.1%)
$479,865 + $215,936
$695,801
2010
$8,304 (+0.6%)
$470,456 + $211,702
$682,158
2009
$8,250 (−26.2%)
$466,940 + $210,120
$677,060
2008
$11,172
$468,050 + $210,620
$678,670
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
4,984 Sq. Ft.
Year renovated
1922
Sq. Ft.
3,900
Year built
1922
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7264012003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-4-R
Moderate-Density Multiple Residential District
The R-4-R district is a moderate density, multifamily residential district with restrictions on building height. It is intended to provide a moderate density use consistent in scale with existing older and lower density developments. The district is designed to encourage full development in established moderate density neighborhoods. This implements land use district No. 3B of the General Plan.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Community
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 10426913
Listing Key Numeric: 258541095
Actual Rent: $1,600
Total # of Baths: 1
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,600
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10426914
Listing Key Numeric: 258541095
Actual Rent: $1,600
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Attached Garage: Yes
# of Garage Spaces: 1
Total Rent: $1,600
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 258541095
Unit Key Numeric: 10426915
Actual Rent: $1,150
Total # of Baths: 1
Attached Garage: Yes
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,150
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 258541095
Unit Key Numeric: 10426916
Actual Rent: $1,150
Total # of Baths: 1
Attached Garage: Yes
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,150
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 10426917
Listing Key Numeric: 258541095
Actual Rent: $1,000
Total # of Baths: 1
Furnished: Unfurnished
Total Rent: $1,000
Total # of Units: 1
Unit Type 6 Information
Listing Key Numeric: 258541095
Unit Key Numeric: 10426918
Actual Rent: $1,000
Total # of Baths: 1
Furnished: Unfurnished
Total Rent: $1,000
Total # of Units: 1
Expenses
Total: $36,082
Insurance: $1,365
Water Sewer: $350
New Taxes: $23,125
Multi-Unit Information
Net Operating Income: $53,546
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,900
Gross Scheduled Income: $92,400
Gross Income: $92,400
Laundry Income: $2,400
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 7
# Of Separate Electric Meters: 7
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre, Lot-Level/Flat
Property Information
Total # of Units: 6
Common Walls: 2+ common walls
Parcel Number: 7264012003
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $36,082
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks, Suburban
Location Information
Latitude: 33.76303400
Longitude: -118.15173100
Other Subdivision Name: Belmont Heights (BH)
Directions: East of Dodge Way and South of N. Redondo Ave
Subdivision Name: Belmont Heights (BH)
Zoning: LBR4R
Public facts
Beds: 6
Baths: 6.0
Sq. Ft.: 3,900
Stories: —
Lot Size: 4,984 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1922
Year Renovated: 1922
County: Los Angeles County
APN: 7264012003
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 53
Continuous Days Active in MLS: 53
Listing Agent Information
List Agent First Name: Cameron
List Agent Last Name: Samimi
Listing Office Information
List Office Name: Lyon Stahl Investment Real Estate, Inc.
Selling Agent Information
Buyer Agent First Name: Todd
Buyer Agent Last Name: Mcintosh
Selling Office Information
Buyer Office Name: Main Street Realtors
Around this home
Schools
Mann Elementary School
Public K-5 • Assigned • 0.3mi
7/10
Jefferson Leadership Academies School
Public 6-8 • Assigned • 0.9mi
7/10
Wilson High School
Public 9-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 24 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Long Beach, CA • 90803
Average low and high temperatures (°F)
69
49
69
52
71
55
71
56
73
60
75
63
80
65
81
66
80
66
75
59
69
54
67
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.