Save to Favorites
Print
Share

Excellent Location in No. Redondo Beach. 8 units. and 8 garage spaces. What an opportunity ! 4 units are 2 bedroom and 1 bath and 4 units are 1 bedroom 1 bath. Almost 6000 SF building, All units are large SF. Bonus Extra-large lot 9911 SF !. 1 bedroom rents for about $2000 per month and 2 bedroom rents for about $2400 per month. Currents rental income for 8 units total $17,500 per month or $210,000 yearly rent. Property listed for only 15 GRM & about 5 CAP !! Building has a common laundry room. Current owner has recently done many upgrades, such as, New asphalt driveway, New double pane security windows in all units-35 total windows, 5 New garage doors, New exterior paint, New drain lines under the building, new copper water supply lines under the building Etc. Units have been remodeled as they become vacant. Low maintenance Building. Close to Artesia Blvd. with all services, grocery store & Restaurants. Please do not talk to the tenants or disturb tenants. Submit offers 'Subject to interior inspection'. This is an excellent opportunity with great rental location, Large Lot & Building Square Footage, good income, low expenses, low maintenance and great tenants. An ideal scenario for the landlord/owner to purchase and manage.

DAYS ON MARKET 12 LAST UPDATED 11/9/2024
YEAR BUILT 1959 COMMUNITY N Redondo Bch/Villas North
GARAGE SPACES 8.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Free-Standing Range
AREA N Redondo Bch/Villas North
GARAGE Asphalt, Assigned, Door-Single, Driveway, Garage, Yes
HEAT Wall Furnace
LOT 9911 sq ft
LOT DESCRIPTION Front Yard, Near Park
PARKING Assigned,Asphalt,Door-Single,Driveway,Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Contemporary
UTILITIES Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property
WATER Public
ZONING RBR-3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 2516 MATHEWS AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Amir Al-Khayat to contact you even if your name is on a Federal or State "Do not call List".

Listed with The Real Estate Consultants Westside Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from CRMLS as of 11/21/24 8:28 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This IDX solution is (c) Diverse Solutions 2024.

OUR OFFICE LOCATIONS:
Real Estate Search:

    DROP US A MESSAGE:

    Compare listings

    Compare