2616 Gates ave, Redondo Beach, CA 90278
Active
$4,350,000
3%
10 Units
5 Beds
2 Baths
8,024 Area(sq.ft.)
Lot: 9,001 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 8 | 2 | 1 | No | $ 2,125 | $ 17,000 | $ 20,000 |
| Unit 2 | 2 | 3 | 1 | No | $ 2,400 | $ 4,800 | $ 6,000 |
| 10 | 22 | 10 | $ 21,800 | $ 145,600 | $ 172,000 |
| MLS #: | IN25105729MR |
| Days On Market: | 205 |
| Listing Date: | May 14, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 542 |
| Price per unit: | $ 435,000 |
| Year Built: | 1963 |
Property Details
Prime North Redondo Beach apartment, Well maintained. 30% upside potential. Eight 2 bedroom and two 3 bedroom units. Ten single car garages. New roof, new gutters, updated electrical panels. Close to freeways, shopping malls, stores and beach. .Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 80,000 |
| Net Operating Income: | $ 175,100 |
Structure
| Community Features: | Curbs |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | RBR-3 |
| Land Lease Type: | Fee |
| Total Parking: | 10 |
Interior
| Laundry: | Community |
Exterior
| Pool: | No |
Detailed Map
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