Property Description
Rare 7 unit building in Redondo Beach where the rental market is very strong. Within a few minutes from the beach, surrounded by shoppes and restaurants, this is a highly desirable area in South Bay. Just a few Miles from Silicon Beach where the growth potential is unlimited. Equipped with a separate meter for gas and electric for all 7 units, including one car garage per unit. Most tenants are long-term stable tenants with month-to-month lease. Great buy and hold steady cash flow. HUGE unrealized upside rent 30% below market, possible future update and or aesthetic improvement to significantly increase property value. Zone RBR-3 (apartment house 5+unit)
Features
- Heating System:
- Space Heater
- Parking:
- 4.00
- Electric:
- Electricity - On Property
- New Construction YN:
- 0
- Utilities:
- Natural Gas Not Available, Natural Gas Connected, Electricity Connected
- Parking:
- Carport, Tandem Covered
- Sewer:
- Conventional Septic
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- sbwanggeo
- Water Source:
- Public
- Lot Features:
- 36-40 Units/acre
- Community Features:
- Curbs
- Stories:
- 2
- Flooring:
- Laminate
Address Map
- Street:
- Mathews
- Street Number:
- 2600
- Street Suffix:
- Avenue
- Zip4:
- 3334
- Floor Number:
- 0
- Longitude:
- W119° 38' 9.1''
- Latitude:
- N33° 52' 24.9''
MLS Addon
- Listing Courtesy of:
- Harvest Realtors, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 7
- Zoning:
- RBR-3
- Lot Size Square Feet:
- 7,494 Sqft
- List Agent Last Name:
- Wang
- List Agent License Number:
- 01751924
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1294140
- List Agent First Name:
- George
- Directions:
- Corner of Felton and Mathews
- MLSAreaMajor:
- 151 - N Redondo Bch/Villas North
- Levels:
- Two
- Parcel Number:
- 4153021013
- List Agent License Number:
- 01958643
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
2600 Mathews Avenue, Redondo Beach, California 90278
0.17 Sqft
$2,400,000
Listing ID #SB18248144
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB18248144
- List Price :
- $2,400,000
- Year Built :
- 1962
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,320,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $379
- Days on Market :
- 35
