2119 Mathews Avenue, Redondo Beach, 90278

REDUCED 2% Residential Income For Sale

$2,475,000

Beds
Baths
4,375Sqft
.17Acres
6Garages
1961Built
107DOM
MLS® #: SB19169298
Active, 107 Days on Market

HIGHLY DESIRABLE North Redondo Beach residential income property FOR SALE. First time on the market since 1987, this 6-unit apartment building has a mix of all 2 bedrooms/1 bath. Due to the desirability of this location, the units are always leased. Recently upgraded with new exterior paint, new metal automatic garage doors, and 2 newly refurbished units. The property is centrally located along the Artesia corridor on a quiet street. Walk to shops, dining and the Post Office. Easy access to the 405 freeway, and a short bike ride or drive to the beach and Downtown Hermosa and Manhattan Beach. Adding value to the property, just to the East is the planned South Bay Galleria Improvement Project, a mixed-use redevelopment project that will add 217,000 sf of dining, entertainment and shops, along with a 150 room hotel, 300 apartment units and 6 acres of outdoor space. A new CVS and Grocery Outlet opened across the street. Award-winning Redondo Beach schools. Upside income potential. 4.94 CAP.

Price & Status History

Date Details
Price Reduced from $2,525,000 to $2,475,000
Price Reduced from $2,649,000 to $2,525,000
Price Reduced from $2,850,000 to $2,649,000
Price Reduced from $2,995,000 to $2,850,000

Essential Information

MLS® #: SB19169298
Price: $2,475,000
Square Footage: 4,375
Acres: 0.17
Year Built: 1961
Type: Residential Income
Status: Active

Community Information

Address: 2119 Mathews Avenue
County: Los Angeles
State: CA
Zip Code: 90278

Amenities

Parking Spaces: 9
# of Garages: 6

Interior

Appliances: Gas Oven, Gas Range, Gas Water Heater, Range/Stove Hood, Vented Exhaust Fan, Built In Range
Heating: Wall Heater
Cooling: None
# of Stories: 2
Stories: Two

Exterior

Lot Description: 0-1 Unit/Acre
Foundation: Concrete Slab, Concrete Perimeter

Additional Information

Date Listed: July 5th, 2019
Days on Market: 107
Zoning: RBR-3

Listing Details

Listing Agent: Annette Davis(01055118)
Listing Office: Vista Sotheby’s Realty

Financials

$/SqFt: $566

Welcome to this 0 bedroom 0 bath Residential Income in the N. Redondo Beach/Villas North (151) section of Redondo Beach located at 2119 Mathews Avenue built in 1961. It is 0 square feet and the current asking price is $ 2,475,000.

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Based on information from California Regional Multiple Listing Service, Inc. as of October 20th, 2019 at 5:23pm 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.