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1912 Mathews Avenue

Redondo Beach, 90278

0 Bd
0 Ba
14,976 Lot
$4,800,000 SOLD Price | Closed 6/16/23
Closed Status
6 Days on Market
Apr 21 First Day Active
$4,800,000 Start Price

Description

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!

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Property Details for 1912 Mathews Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Austin Zahn
Listing Brokered By
Lyon Stahl Investment Real Estate, Inc.
Type
Residential Income, Apartment
Year Built
1970 (PublicRecords)
MLS Area
151 - N Redondo Bch/Villas North

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
6 DOM
Combined DOM*
6
First Date Active
April 21st, 2023
Closing Date
June 16th, 2023
Sold Price
$4,800,000
Orig. List Price
$4,800,000
MLS® #
SB23066900
APN
4155029034
Special
Standard

Home Interior Information

Levels/Stories
Two

Room Information

Laundry
CommonArea

Exterior Information

Lot Description
Rectangular Lot
Lot Size (sq. ft.)
14,976
Lot Size (acres)
0.34
Pool
None
Parking Spaces
15
Garage Spaces
14

Utilities Information

Water Source
Public

Additional Information

Zoning
RBR-3
Buyer's Brokerage Fee
1.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
151 - N Redondo Bch/Villas North
City/State
Redondo Beach
Zip Code
90278
County
Los Angeles
# of Units
10
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Listing/Price History

1912 Mathews Avenue, Redondo Beach, (MLS® #SB23066900)

Date Details Price Change
Closed $4,800,000
Pending (from Active)
First Day Active $4,800,000
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Listing Summary

Quick Summary of 1912 Mathews Avenue: This home in Redondo Beach is priced at $4,800,000 . The Apartment residence was originally built in 1970 and was listed on April 21st, 2023 at $4,800,000, showing 6 Days on Market currently. Contact Dave Fratello today for more information or to go see 1912 Mathews Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 3:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.