2022 Mathews Avenue

Redondo Beach, CA 90278
Courtesy of Merit Real Estate
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Don't miss out on this excellent investment opportunity in the vibrant city of Redondo Beach! This property offers a 4-unit building, each featuring two bedrooms, one bath, a family room, and a living room. Recent renovations have transformed these units into modern and comfortable living spaces, making it an attractive choice for tenants. Key Features: 4-unit building in a prime location. Each unit offers 2 bedrooms, 1 bath, family room, and living room. Recent renovations including updated electrical wiring and plumbing systems. Stylish light fixtures, kitchen cabinets, floors, bathroom vanities, and tiles. Appliances such as dryers and washers included in each unit. Dedicated parking spot available for convenience. The current rental income for one unit is $3,000 per month, while the remaining three units generate $2,500 each per month with a potential to increase $3,000. All leases are signed with annual contracts. Located in Redondo Beach, this property benefits from its proximity to a wide range of amenities, including schools, shopping centers, dining options, and recreational facilities. Its convenient location offers easy access to major transportation routes, making it an ideal choice for tenants seeking a comfortable and convenient lifestyle. Whether you're an experienced investor or looking to enter the real estate market, this property is a great choice.

  • Property Details
    • Property
      • Stories:2
      • Lot description:CornerLot
    • Measurements
      • Acres:0.1723
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1930
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 100, 000
      • Buying Agency Compensation:2.500
  • Other
    • Source
      • MLS #:PV23149745


Gary ElminoufiReal Estate Group
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