1923 Gates

Redondo Beach, CA 90278
  • $2,499,000

    Price
  • 10

    Bed
  • 8

    Bath
  • 5,032

    SqFt

About the Listing SB1338520 - SPUMAANT,SZEBRCAR

Rare opportunity to buy this extra-large 4-UNIT PROPERTY WITH THREE VACANT UPDATED UNITS high on a ridge in sought-after North Redondo Beach. Put your own tenants in at market rate rents or owner-occupy one or more! The "sister property" next door is also available, creating huge upside development potential! Built in 1968, this well-maintained oversized fourplex (Two 3-Bed/2-Bath units with city/mountain views & two large 2-Bed/2- Bath units) features a total of 10 bedrooms and 8 bathrooms, offering strong income potential in one of the South Bay’s most desirable coastal communities. This turnkey property allows investors to focus on maximizing returns almost immediately. Three units have been recently updated with new appliances, hardwood flooring, luxury vinyl bathroom flooring, and fresh interior paint. Each 3-bedroom includes a 2-car garage, & a 1-car garage plus parking space for each 2-bedroom unit. The shared laundry room provides an additional source of income. Whether you’re an experienced investor expanding your portfolio, an owner-occupant wanting to pay your mortgage with great rent-income, or just looking to build long-term wealth through real estate, this is an outstanding opportunity in a prime location.

Listing Highlights

Status Active With Contingency
Days on Site 12
Property Type Multi-Family
MLS ® SB26109405
Year Built 1968
Total Square Footage 5,032
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 10
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,No Land Lease
  • Garage Capacity: 6 car
  • Parking Spaces: 8
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage,On Site

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4155005028
  • Tax Year: N/A

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1923 Gates Redondo Beach, CA 90278

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Originating MLS: CRMLS

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