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$1,895,000

Est. payment - /mo

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2,710 SqFt

Active

2518 Gates AVE Redondo Beach, CA 90278

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/21/2024 05:15 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,710 sqft

Price per Sqft $699

MLS Listing ID SB24154360

HOA Y/N No

Year Built 1951

Lot Size 7,514 Sqft

Acres 0.1725

Property Description

This 3-unit property at 2518 Gates Ave in the desirable North Redondo area presents an excellent investment opportunity. The location is ideal, offering proximity to award-winning Redondo Beach schools, shopping, grocery stores, freeways, dining, and more. The property includes a front house with 2 bedrooms and 1 bathroom, with its own driveway, giving it the feel of a single-family home. The middle unit features 1 bedroom and 1 bathroom, while the back unit includes 3 bedrooms and 2 bathrooms, featuring upgrades and a separate driveway. The two different driveways enhance privacy and separation between units, making the front house feel like a standalone home. The versatile layout and prime location make it perfect for various rental strategies. Additionally, the property is close to popular shopping destinations such as South Bay Galleria, several parks like Perry Park, and recreational areas, offering ample opportunities for outdoor activities and relaxation. This property offers potential for stable rental income and significant long-term appreciation. Don't miss out on this opportunity to invest in a prime Redondo Beach location!

Location

State CA

County Los Angeles

Area 151 - N Redondo Bch/Villas North

Zoning RBR-3

Rooms

Ensuite Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Interior

Interior Features Block Walls

Laundry Location Common Area,Electric Dryer Hookup,Gas Dryer Hookup

Heating Natural Gas

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Driveway, Garage Faces Side

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs

Utilities Available Electricity Connected

View Y/N Yes

View City Lights

Parking Type Driveway, Garage Faces Side

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4153015002

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Daniel Jensen • Jensen Realty • 310-849-2702

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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