Introducing 1525 Redondo Avenue, a lucrative investment opportunity with immediate upside potential with Ready to Issue permits for 2 ADUs consisting of 1,400 additional square feet. Nestled on a spacious 7,000 square foot lot, this colonial-style quadplex presents a rare chance to own a versatile income-generating property. Currently, three units are occupied, with two units tastefully remodeled and another housing a long-term tenant with rent being below market creating upside for a new owner. The fourth unit will be ready to market after minor updates, providing an ideal canvas ready for you to spark your creativity with minimal required renovations. Conveniently positioned near colleges, downtown Long Beach, and the ocean, this centrally located property offers great access to Long Beach and the greater Los Angeles area while being just minutes away from Belmont Shores. Whether you're seeking a cash flowing investment opportunity or a delightful place to call home, this property offers the best of both worlds. What sets this property apart is the tremendous upside it offers. Plans to add two ADUs (each with a 2bed/1ba configuration) have already been approved by the city with permits RTI (Ready to Issue)! Maximize the profits with your very own buildout and realize profits immediately. The RTI permits offers a buyer optionality to either rent at market rents or occupy one while the rest of the property generates income. Once construction is complete, the total of 6 units will double the income and maximize the market valuation for a great return on your investment!