2600 Mathews Avenue, Redondo Beach, 90278

Residential Income For Sale

$2,400,000

Beds
Baths
6,120Sqft
.17Acres
7Garages
1962Built
35DOM
MLS® #: SB18248144
Closed, 35 Days on Market

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)

Price & Status History

Date Details
Status Changed from Pending to Closed
Status Changed from Active to Pending

Essential Information

MLS® #: SB18248144
Price: $2,400,000
Square Footage: 6,120
Acres: 0.17
Year Built: 1962
Type: Residential Income
Status: Closed

Community Information

Address: 2600 Mathews Avenue
County: Los Angeles
State: CA
Zip Code: 90278

Amenities

Parking Spaces: 7
# of Garages: 7

Interior

Appliances: None
Heating: Wall Heater, Natural Gas
Cooling: None
# of Stories: 2
Stories: Two

Exterior

Lot Description: 36-40 Units/Acre

Additional Information

Date Listed: October 11th, 2018
Days on Market: 35
Zoning: RBR-3

Listing Details

Listing Agent: George Wang(01751924)
Listing Office: Harvest Realtors, Inc.

Financials

$/SqFt: $392

Welcome to this 0 bedroom 0 bath Residential Income in the N. Redondo Beach/Villas North (151) section of Redondo Beach located at 2600 Mathews Avenue built in 1962. It is 0 square feet and the current asking price is $ 2,400,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2019 at 10:07pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.