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249 E Redondo Ave 2,154 SF Office Building Long Beach, CA 90803 $1,200,000 ($557.10/SF)
Investment Highlights
- Great high traffic corner lot on a main north to south coasal access road. Approx 12,500 cars per day pass by this location.
- There is an abundace of natural light in most areas of the building
- Move in ready.
- $25,688 annual apartment income.
- Stable and reliabel location. The property has been owned and operated as a dentist office for approx 80 years.
Executive Summary
For over 80 years as a multigenerational family practice, this dentist office has served the local Bluff Park, Belmont Shore, Bluff Heights and Belmont Heights communities right here on Redondo Ave, just north of Broadway. In addtion to the large commercial medical space (approx 1700 sqft.), you will benifit from a second unit over the two single car garages. This residence has an address of 3328 Vista ave. The space is a modest (approx 500 sqft.) but profitable none the less. This 1 bedroom / 1 bathroom apartment has an income stream currently producing $25,668 anually. The tenant has been residing there since 2024. The exterior of the building was painted in May of 2026. The dental equipment is persoanl property, it is being sold separatly and not part of the sale of the real property. The property is zoned LBCNR. Please consult the city of Long Beach for all possible uses.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$33,510,000
|
$15,000.00
|
| Operating Expenses |
$7,819,000
|
$3,500.00
|
| Total Expenses |
$41,329,000
|
$18,500.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $33,510,000 |
| Annual Per SF | $15,000.00 |
| Operating Expenses | |
|---|---|
| Annual | $7,819,000 |
| Annual Per SF | $3,500.00 |
| Total Expenses | |
|---|---|
| Annual | $41,329,000 |
| Annual Per SF | $18,500.00 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
2,154 SF
Building Class
C
Year Built
1934
Price
$1,200,000
Price Per SF
$557.10
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,154 SF
Building FAR
0.67
Lot Size
0.07 AC
Zoning
LBCNR - LBCNR zoning allows a wide, flexible array of uses including: Medical & Offices, Retail & Services, Dining, and Residential.
Parking
4 Spaces (1.86 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 7264-004-027 | Total Assessment | $329,869 (2025) |
| Land Assessment | $117,803 (2025) | Annual Taxes | $33,510,000 ($15,557.10/SF) |
| Improvements Assessment | $212,066 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7264-004-027
Land Assessment
$117,803 (2025)
Improvements Assessment
$212,066 (2025)
Total Assessment
$329,869 (2025)
Annual Taxes
$33,510,000 ($15,557.10/SF)
Tax Year
2026
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249 E Redondo Ave
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