2518 Gates Avenue, Redondo Beach, CA

$1,699,000

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6

Beds

4

Baths

0.17

Acres

About 2518 Gates Avenue

This 3 unit property is on a full 50X150 lot(BTV) and in an area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. 3 separate units featuring a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit is 1 bedroom and 1 bathroom with its own private laundry and storage room. The back unit boasts 3 bedrooms and 2 bathrooms and features upgrades and a separate parking pad and garage, a patio and yard area. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. Please note, the separate 1 bed 1 bath unit is totally separate and designated with the City of RB as a permitted addition to the 3 bedroom unit and the property is designated as a duplex with an R-3 zoning. The property's proximity to award-winning Redondo Beach schools, shopping centers (including the South Bay Galleria), grocery stores, dining options, freeways, parks (such as Perry Park), and recreational areas adds to its appeal. Whether you're looking for a stable rental income or long-term appreciation, the versatile layout and ideal location offer excellent potential for various rental strategies. With its prime location, this property is perfect for investors seeking both convenience and long-term growth in one of the most desirable beach cities. Dont miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.

Features of 2518 Gates Avenue

MLS® # SB24242537
Price $1,699,000
Bedrooms 6
Bathrooms 4.00
Acres 0.17
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 2518 Gates Avenue
City Redondo Beach
County Los Angeles
State CA
Zip Code 90278

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed December 2nd, 2024
Days on Market 137
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVista Sotheby’s International Realty

Listing Map

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