2609 Gates Ave, Redondo Beach, CA 90278

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

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List Price
$2,950,000
MLS#
26997021
Year Built
1964
Bedrooms
17
Bathrooms
14
Living Sq. Ft
6,499
Lot Size
7,506
Days on Market
6
Property Type
Multifamily

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

Other Buildings
None
Heat
None
Cooling
None
Number of Cars in Garage
Private Garage

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Calculator source: Real Geeks

Courtesy of Berkadia, Steffan Braunlich - CA DRE#01859098

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