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Sold for $4,800,000 on 06/16/23
  • Listing Provided by: 

    Austin Zahn DRE #01936451 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.

    $4,800,000

    1912 Mathews Ave, Redondo Beach, CA 90278

    --beds
    --baths
    10,488sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $4,840,100 Zestimate®
    $458/sqft
    $3,768 Estimated rent

    What's special

    Welcome to your next investment opportunity in Redondo Beach! This amazing 10-unit apartment building was built in 1970 and boasts an ideal unit mix of nine two-bedroom 1.5-bath townhouse-style units, and one spacious 3-bedroom 2-bath, 1,500 sqft house with an attached 2-car garage. Each of the nine townhouse-style units features a well-designed floor plan, offering a comfortable and spacious living area, two generously sized bedrooms, and 1.5 baths. The 3-bedroom house is a rare gem, providing even more living space with an in-unit washer/dryer and an attached 2-car garage for added convenience. Six of ten units have undergone various levels of upgrades. The property is an all electric building with a shared onsite laundry facility to service the nine 2-bedroom units. Located in the heart of Redondo Beach, this apartment building is just minutes away from beautiful beaches, shopping centers, restaurants, and entertainment options. The property is also conveniently located near major freeways, providing easy access to neighboring cities and attractions. With its prime location, amazing unit mix, and rare 3-bedroom house, this property is a perfect investment opportunity for those looking to expand their portfolio. Don't miss out on this incredible opportunity to own a piece of Redondo Beach!

    Zillow last checked: 7 hours ago

    Listing updated: June 20, 2023 at 10:47am

    Listing Provided by:

    Austin Zahn DRE #01936451 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Austin Zahn, DRE #01936451

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB23066900MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,488
    • Total interior livable area: 10,488 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Garage
    • Garage spaces: 14
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.34 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 4155029034
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Redondo Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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    Estimated market value

    $4,840,100