2518 Gates Avenue

Redondo Beach, CA 90278
$1,895,000
0.17 acres | #SB24154360
Courtesy of Jensen Realty

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!

  • Interior Details
    • Interior Features
      • Interior:BlockWalls
  • Property Details
    • Property
      • View:CityLights
      • Stories:2
    • Measurements
      • Acres:0.1725
    • Parking
      • Parking spaces:3
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1951
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 895, 000
  • Other
    • Source
      • MLS #:SB24154360

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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