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2518 Gates Avenue , A

Redondo Beach, CA 90278
  • $1,699,000
  • STATUS: Active Under Contract
  • ON SITE: 143 Days
  • MLS #: SB24242537
Under Contract
UPDATED: 45 min ago
$1,699,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Gerard Bisignano of Vista Sotheby’s International Realty (310-375-0583) and Tiana Capper of Vista Sotheby’s International Realty(310-546-7611)


Description

This 3 unit property is on a full 50X150 lot(BTV) and in an area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. 3 separate units featuring a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit is 1 bedroom and 1 bathroom with its own private laundry and storage room. The back unit boasts 3 bedrooms and 2 bathrooms and features upgrades and a separate parking pad and garage, a patio and yard area. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. Please note, the separate 1 bed 1 bath unit is totally separate and designated with the City of RB as a permitted addition to the 3 bedroom unit and the property is designated as a duplex with an R-3 zoning. The property's proximity to award-winning Redondo Beach schools, shopping centers (including the South Bay Galleria), grocery stores, dining options, freeways, parks (such as Perry Park), and recreational areas adds to its appeal. Whether you're looking for a stable rental income or long-term appreciation, the versatile layout and ideal location offer excellent potential for various rental strategies.With its prime location, this property is perfect for investors seeking both convenience and long-term growth in one of the most desirable beach cities. Dont miss this opportunity to secure a piece of Redondo Beach real estate!Buyer and buyer's agent to verify all information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T14:37:34.047. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158436520
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2518 Gates Avenue , A Redondo Beach, CA 90278

  • Price: $1,699,000
  • Status: Active Under Contract
  • On Site: 143 Days
  • Updated: 45 min ago
  • MLS #: SB24242537
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1951
Built
Neighborhood:
151 - N Redondo Bch/Villas North
County:
Los Angeles
Area:
151 - N Redondo Bch/Villas North
Property Description
This 3 unit property is on a full 50X150 lot(BTV) and in an area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. 3 separate units featuring a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit is 1 bedroom and 1 bathroom with its own private laundry and storage room. The back unit boasts 3 bedrooms and 2 bathrooms and features upgrades and a separate parking pad and garage, a patio and yard area. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. Please note, the separate 1 bed 1 bath unit is totally separate and designated with the City of RB as a permitted addition to the 3 bedroom unit and the property is designated as a duplex with an R-3 zoning. The property's proximity to award-winning Redondo Beach schools, shopping centers (including the South Bay Galleria), grocery stores, dining options, freeways, parks (such as Perry Park), and recreational areas adds to its appeal. Whether you're looking for a stable rental income or long-term appreciation, the versatile layout and ideal location offer excellent potential for various rental strategies.With its prime location, this property is perfect for investors seeking both convenience and long-term growth in one of the most desirable beach cities. Dont miss this opportunity to secure a piece of Redondo Beach real estate!Buyer and buyer's agent to verify all information.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStorm Drain(s)Street LightsSidewalks Contingency None Garage YN Yes Gross Income 99132 Gross Scheduled Income 99132 Insurance Expense 3200 Land Lease YN No Laundry Features Washer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Contract Net Operating Income 92632 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 6500 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 97740 Trash Expense 900 Water Sewer Expense 2400 Water Source Public Zoning RBR-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T14:37:34.047. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Gerard Bisignano of Vista Sotheby’s International Realty (310-375-0583) and Tiana Capper of Vista Sotheby’s International Realty(310-546-7611)