2617 & 2619 Gates Avenue – A rare, contiguous 2-parcel offering in North Redondo. Ideal “Buy and Hold” for an apartment investor – with the “Value Add” opportunity of condo development, in the future. Very tidy buildings maintained well by local ownership. The buildings’ unit mix of all 2 Bd units typically means little relative turnover and stable tenancy. Separately gas/electric meters AND separate hot water heaters, garage parking AND each unit has washer/dryer hookups. Seller prefers to sell one building outright and “carry” $750K on the other building, closing concurrently. Immediate rent upside and even more, still, through slight aesthetic improvements – 2 Bedroom/1 Bath units in this area routinely rent for $1,500-$1,600/month!rnrnSeveral streets North of Artesia Blvd and just a block West of Inglewood Ave. Tenants are 2 minutes from the South Bay Galleria, the 405 Fwy. and a 5 minute drive to surf and sand.
- Parking:
- 5.00
- Utilities:
- Cable Not Available
- Parking:
- Tandem Covered
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SHEADBRI
- Water Source:
- Public
- Lot Features:
- Lot 10000-19999 Sqft
- Community Features:
- Urban
- Stories:
- 2
- Street:
- Gates
- Street Number:
- 2617
- Street Suffix:
- Avenue
- Zip4:
- 2254
- Floor Number:
- 0
- Longitude:
- W119° 38' 13.8''
- Latitude:
- N33° 52' 43.5''
- Listing Courtesy of:
- RE/MAX Commercial & Inv Realty
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 12
- Zoning:
- R3
- Lot Size Square Feet:
- 14,994 Sqft
- List Agent Last Name:
- Head
- List Agent License Number:
- 01330706
- Special Listing Conditions:
- Standard
- List Office ID:
- S9104
- List Agent First Name:
- Brice
- MLSAreaMajor:
- 151 - N Redondo Bch/Villas North
- Levels:
- Two
- Parcel Number:
- 4153027020
- TaxAnnualAmount:
- $0
- TaxYear:
- 2011
Sold
2617 Gates Avenue, Redondo Beach, California 90278
- Property Type :
- Listing Type :
- Sold
- Listing ID :
- SB12154244
- List Price :
- $2,700,000
- Rooms :
- 0
- Square Footage :
- 8,268 Sqft
- Year Built :
- 1958
- Lot Area :
- 0.34 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,606,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $315
- Days on Market :
- 71
