2609 Gates Avenue, Redondo Beach, CA 90278

$2,950,000
17
BD
14
BA
6,499
SqFt

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List Price
$2,950,000
Status
ACTIVE
Days on Market
5
MLS#
26997021
Subtype
Residential Income
Year Built
1964
Bedrooms
17
Bathrooms
14
Living Area
6,499
Lot Size
7,506
Acres
0.17
MLS Area Major
N Redondo Bch/Villas North (151)

Property Description

2609 Gates Avenue offers investors a rare opportunity to acquire a seven-unit North Redondo Beach property with five units delivered vacant. This vacancy profile enables a buyer to immediately implement a comprehensive renovation and leasing strategy. Additionally, the property may offer the opportunity to add a single accessory dwelling unit by converting the existing garage space. The approximately 6,499-square-foot, two-story garden-style property is situated on a 7,504-square-foot lot and offers an attractive mix of (4) two-bedroom / one-and-one-half-bath residences and (3) three-bedroom / one-and-three-quarter-bath residences. With average unit sizes of approximately 928 square feet, the property provides residents with the larger floor plans and functional layouts increasingly sought after in the South Bay rental market.

Additional Information

Zoning
RBR-3
Heating
None
Stories
Two Levels
Levels
Two
Parking Features
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steffan Braunlich (steffan.braunlich@berkadia.com) from Listing Office: Berkadia.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.