2408 Mathews Avenue

    Redondo Beach, CA 90278
    • $2,100,000
    • STATUS: Active Under Contract
    • ON SITE: 23 days
    • ID#: 20546808
    Under Contract
    UPDATED: 31 min ago
    $2,100,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Best Priced 4 Unit in Redondo Beach! 3 out of 4 units can be raised 8.3% upon acquisition! Located at 2408 Mathews Avenue, the property is walking distance to many retail options and very close to the South Bay Galleria. The subject property features a highly desirable mix of four two-bedroom/one-bath units. All the units feature in-unit washer/dryer hookups and private yards. The property has 4 garage spaces and 4 open spaces and is individually metered for gas and electricity.The subject property allows an investor to acquire a rare apartment building in one of the best rental markets in Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-16T23:28:14.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/102546506

    2408 Mathews Avenue Redondo Beach, CA 90278

    • Price: $2,100,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: 20546808
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1963
    Built
    County:
    Los Angeles
    Property Description
    Best Priced 4 Unit in Redondo Beach! 3 out of 4 units can be raised 8.3% upon acquisition! Located at 2408 Mathews Avenue, the property is walking distance to many retail options and very close to the South Bay Galleria. The subject property features a highly desirable mix of four two-bedroom/one-bath units. All the units feature in-unit washer/dryer hookups and private yards. The property has 4 garage spaces and 4 open spaces and is individually metered for gas and electricity.The subject property allows an investor to acquire a rare apartment building in one of the best rental markets in Los Angeles.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Gross Income 111252.00 Gross Multiplier 18.88 Gross Operating Income 111252.00 Net Operating Income 74633.00 Senior Community YN No Special Listing Conditions Standard Zoning Rbr-3

    Listing provided courtesy of Elliot Hassan of James Capital Advisors, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-16T23:28:14.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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