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Sold for $1,600,000 on 05/09/25
  • Listing Provided by: 

    Gerard Bisignano DRE #01116110 310-990-4727,

    Vista Sotheby’s International Realty,

    Tiana Capper DRE #01991771,

    Vista Sotheby’s International Realty

    $1,600,000

    2518 Gates Ave #A, Redondo Beach, CA 90278

    --beds
    --baths
    2,710sqft
    Duplex
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $590/sqft
    $5,362 Estimated rent

    What's special

    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. Don’t miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.

    Zillow last checked: 7 hours ago

    Listing updated: May 12, 2025 at 07:36am

    Listing Provided by:

    Gerard Bisignano DRE #01116110 310-990-4727,

    Vista Sotheby’s International Realty,

    Tiana Capper DRE #01991771,

    Vista Sotheby’s International Realty

    Bought with:

    Gerard Bisignano, DRE #01116110

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: SB24242537MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Washer Hookup
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,710
    • Total interior livable area: 2,710 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,512 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4153015002
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Redondo Beach

    HOA & financial

    Other financial information
    • Total actual rent: 97740

    Other

    Other facts
    • Listing terms: Contract
    Services availability
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