2600 Mathews Avenue
2600 Mathews Avenue
$2,320,000
8
7
6,120
6,120
$379
Closed 2/28/19
Description
Rare 7 unit building in Redondo Beach where the rental market is very strong. Within a few minutes from the beach, surrounded by shoppes and restaurants, this is a highly desirable area in South Bay. Just a few Miles from Silicon Beach where the growth potential is unlimited. Equipped with a separate meter for gas and electric for all 7 units, including one car garage per unit. Most tenants are long-term stable tenants with month-to-month lease. Great buy and hold steady cash flow. HUGE unrealized...Rare 7 unit building in Redondo Beach where the rental market is very strong. Within a few minutes from the beach, surrounded by shoppes and restaurants, this is a highly desirable area in South Bay. Just a few Miles from Silicon Beach where the growth potential is unlimited. Equipped with a separate meter for gas and electric for all 7 units, including one car garage per unit. Most tenants are long-term stable tenants with month-to-month lease. Great buy and hold steady cash flow. HUGE unrealized upside rent 30% below market, possible future update and or aesthetic improvement to significantly increase property value. Zone RBR-3 (apartment house 5+unit)
- Listed by George Wang • DRE #01751924 • Brokerage DRE #01958643 • Harvest Realtors, Inc.
Property Details for 2600 Mathews Avenue
Parking Spaces Total
7
Private PoolNo
Cooling TypeNone
Total Units7.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6120
Assessor Parcel Number4153-021-013
Location
LISTING UPDATED: 02/28/2019 12:40 PM
Property Details for 2600 Mathews Avenue
Status | Closed |
---|---|
MLS # | SB18248144 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.17 AC / 7,494 SF |
County | Los Angeles County |
Location
Building Information for 2600 Mathews Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.17 AC / 7,494 SF
Payment Calculator
$16,130 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2600 Mathews Avenue
Property History for 2600 Mathews Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2600 Mathews Avenue
Taxable ValueLand$2,102,356Additions$1,447,997Total$3,550,353
Tax Record2023$41,629 ($3,469 / month)
Home Facts
Total Finished SqFt6,120 SqFtAbove Grade Finished SqFt6,120 SqFtLot Size7,494 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningRBR-3CountyLOS ANGELESAPN4153-021-013
Schools near 2600 Mathews Avenue
This home is within Redondo Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Madison Elementary School PublicK to 5 | ||
Adams Middle School Public6 to 8 | ||
Redondo Union High School Public9 to 12 | ||
Redondo Shores High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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