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    Property Description

    Introducing 2022 Mathews Ave, boasting one 2-bedroom 1-bath unit and three 1-bedroom 1-bath units plus office/den. These units benefit from a fantastic North Redondo location with local shops and restaurants close by. All units include 1 off-street parking space and in unit washer & dryers. Recent renovations include but are not limited to, a full copper plumbing upgrade, interior renovations in 3 of 4 units, minor roof touch ups, a recently installed privacy fence and paint job. This property is being delivered at 3.46% CAP and 19.12 GRM with 25% upside in current rents. All units are currently occupied, 3 of 4 on annual leases, 1 on month to month, all tenants are current on rents. Eligible for attractive residential financing! A 40 year fixed loan option at roughly 3.75% up to 80% LTV, first 10-years fixed interest only then rolls to a 30-year amortized loan with no rate adjustment.

    Features
    Parking:
    0.00
    New Construction YN:
    0
    Laundry:
    See Remarks
    Sewer:
    Conventional Septic
    Common Walls:
    2+ Common Walls
    Senior Community:
    0
    List Agent Agent ID:
    SBZAHNAUS
    Water Source:
    Public
    Lot Features:
    Rectangular Lot
    Community Features:
    Sidewalks
    Address Map
    Street:
    Mathews
    Street Number:
    2022
    Street Suffix:
    Avenue
    Zip4:
    3064
    Floor Number:
    0
    Longitude:
    W119° 37' 30.1''
    Latitude:
    N33° 52' 24.7''
    MLS Addon
    Listing Courtesy of:
    Lyon Stahl Investment Real Estate, Inc.
    TaxAnnualAmount:
    $0
    Zoning:
    RBR-3
    Lot Size Square Feet:
    7,504 Sqft
    List Agent Last Name:
    Zahn
    List Agent License Number:
    01936451
    Special Listing Conditions:
    Standard
    List Office ID:
    sb1310620
    List Agent First Name:
    Austin
    Directions:
    Head East on Artesia then make a left on Blossom Ln.
    MLSAreaMajor:
    151 - N Redondo Bch/Villas North
    Parcel Number:
    4155030001
    List Agent License Number:
    01972083
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income Sold

    2022 Mathews Avenue, Redondo Beach, California 90278

    0.17 Sqft
    $2,099,000
    Listing ID #SB21233782
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    Sold
    Listing ID :
    SB21233782
    List Price :
    $2,099,000
    Year Built :
    1930
    Lot Area :
    0.17 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Redondo Beach
    Zipcode:
    90278
    Close Price :
    $2,050,000
    Status :
    Closed
    Property Type :
    Single Family Residence
    Price Per Square Foot :
    $501
    Days on Market :
    23
    Agent info
    Contact Agent
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