2119 Mathews Avenue, Redondo Beach, CA 90278

$2,850,000
4,375
SqFt
List Price
$2,850,000
Price Change
▼ $145,000 1565481564
Status
ACTIVE
MLS#
SB19169298
Year Built
1961
Living Sq. Ft
4,375
Lot Size
7,492
Acres
0.172
Lot Location
0-1 Unit/Acre
Days on Market
50
Property Type
Multifamily
Stories
Two Level

Property Description

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.

Additional Information

Tract Number
B
Lot Description
Curbs, Sidewalks
Appliances
Built-In Range, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan
Pool Description
None
Fireplace Description
None
Heat
Wall Furnace
Cooling Description
None
View
Neighborhood
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Annette Davis from Vista Sotheby’s Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.