2518 Gates Avenue
Redondo Beach, CA, 90278
$1,795,000
Beds
0 Baths
SqFt
0.17 Acres
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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&#39'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&#39'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&#39's agent to verify all information.

Property Details

Price:
$1,795,000
MLS #:
SB24242537
Status:
Active
Baths:
0
Address:
2518 Gates Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
151nredondobchvillasnorth
City:
Redondo Beach
Listed Date:
Dec 2, 2024
State:
CA
ZIP:
90278
Lot Size:
7,512 sqft / 0.17 acres (approx)
Year Built:
1951
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Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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