2516 Mathews Avenue

Redondo Beach, CA 90278

  • 0 Bed(s)
  • 0 Bath(s)
  • 5,932 Sqft
  • 9911
    Sqft(Lot)
$3,150,000

Description

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 $17,538 per month or $210,456 yearly rent. property listed for only 14.96 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary

  • AD ID

    47597368

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Windows: Double Pane Windows
    • Property Appliances: Free-Standing Range
    • Fireplace: None
    • Flooring: Carpet,Tile,Wood

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1959
    • Building Area Total: 5,932
    • Roof: Composition

    Foundation

    • Raised

    Pool Features

    • None

    Laundry Features

    • Common Area,Laundry Room

    Fencing

    • Chain Link,Masonry,Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2275
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9911

  • Listing Price Information

    • Original List Price: 3,150,000
    • Listing Contract Date: 2024-11-05

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4153020003

  • Garage and Parking

    • Garage Description: Assigned,Asphalt,Door-Single,Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 151 - N Redondo Bch/Villas North
    • Directions: North Of Artesia & West of Inglewood Ave. in North Redondo Beach
    • Zoning: RBR-3
    • Source Property Type: Residential Income
    • Area: 151 - N Redondo Bch/Villas North
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 65
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 09:46

  • MLS: IN24227973
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 5,932 sqft, 9,911 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redondo Beach , in zip code 90278, this Los Angeles County Home are nearby neighborhoods.