Rare opportunity to buy this extra-large 4-UNIT PROPERTY WITH THREE VACANT UPDATED UNITS high on a ridge in sought-after North Redondo Beach. Put your own tenants in at market rate rents or owner-occupy one or more! The “sister property” next door is also available, creating huge upside development potential! Built in 1968, this well-maintained oversized fourplex (Two 3-Bed/2-Bath units with city/mountain views & two large 2-Bed/2- Bath units) features a total of 10 bedrooms and 8 bathrooms, offering strong income potential in one of the South Bay’s most desirable coastal communities. This turnkey property allows investors to focus on maximizing returns almost immediately. Three units have been recently updated with new appliances, hardwood flooring, luxury vinyl bathroom flooring, and fresh interior paint. Each 3-bedroom includes a 2-car garage, & a 1-car garage plus parking space for each 2-bedroom unit. The shared laundry room provides an additional source of income. Whether you’re an experienced investor expanding your portfolio, an owner-occupant wanting to pay your mortgage with great rent-income, or just looking to build long-term wealth through real estate, this is an outstanding opportunity in a prime location.
- Pool:
- No
- Heating System:
- Radiant
- Parking:
- 8.00
- New Construction YN:
- 0
- Laundry:
- Community
- Parking:
- Garage, On Site
- Sewer:
- Public Sewer
- Common Walls:
- 1 Common Wall
- Senior Community:
- 0
- List Agent Agent ID:
- SPUMAANT
- Water Source:
- Public
- Lot Features:
- 2-5 Units/acre
- Community Features:
- Sidewalks
- Stories:
- 2
- Entry Level:
- 1
- Association:
- 0
- Entry Location:
- Yes
- Street:
- Gates
- Street Number:
- 1923
- Floor Number:
- 0
- Longitude:
- W119° 37' 18.8''
- Latitude:
- N33° 52' 43.5''
- Listing Courtesy of:
- eXp Realty of California Inc
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Lot Size Square Feet:
- 7,494 Sqft
- List Agent Last Name:
- Puma
- List Agent License Number:
- 01375596
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1338520
- List Agent First Name:
- Tony
- Directions:
- East on Gates from Aviation
- MLSAreaMajor:
- 151 - N Redondo Bch/Villas North
- Parcel Number:
- 4155005028
- List Agent License Number:
- 01878277
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1923 Gates, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB26109405
- List Price :
- $2,499,000
- Year Built :
- 1968
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,450,000
- Status :
- Closed
- Property Type :
- Quadruplex
- Price Per Square Foot :
- $487
- Days on Market :
- 11
