Excellent Location in No. Redondo Beach. 8 units. and 8 garage spaces. What an opportunity ! 4 units are 2 bedroom and 1 bath and 4 units are 1 bedroom 1 bath. Almost 6000 SF building, All units are large SF. Bonus Extra-large lot 9911 SF !. 1 bedroom rents for about $2000 per month and 2 bedroom rents for about $2400 per month. Currents rental income for 8 units total $17,500 per month or $210,000 yearly rent. Property listed for only 15 GRM & about 5 CAP !! Building has a common laundry room. Current owner has recently done many upgrades, such as, New asphalt driveway, New double pane security windows in all units-35 total windows, 5 New garage doors, New exterior paint, New drain lines under the building, new copper water supply lines under the building Etc. Units have been remodeled as they become vacant. Low maintenance Building. Close to Artesia Blvd. with all services, grocery store & Restaurants. Please do not talk to the tenants or disturb tenants. Submit offers 'Subject to interior inspection'. This is an excellent opportunity with great rental location, Large Lot & Building Square Footage, good income, low expenses, low maintenance and great tenants. An ideal scenario for the landlord/owner to purchase and manage.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1959
Stories: 2
Listing Office:
Office Name: The Real Estate Consultants Westside Inc.
This property is $1.7M more than the Median Sold Price in Redondo Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IN24227973
Listing Office:
Office Name: The Real Estate Consultants Westside Inc.
Office Email: 1anoopgarg@gmail.com
Listing Agent: Anoop Garg
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,439
$1,052,401
2020
$14,185
$1,039,879
2019
$13,731
$1,019,490
2018
$13,493
$999,501
2017
$13,493
$979,904
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Madison Elementary School
2200 MacKay Ln
Distance between this listing and this school0.21 miles
Public District Grades KG-5
5
/10
William Green Elementary School
4520 W 168th St
Distance between this listing and this school0.62 miles
Public District Grades KG-5
7
/10
Washington Elementary School
1100 Lilienthal Ln
Distance between this listing and this school0.63 miles
Public District Grades KG-5
Nearby Schools
8
/10
Adams Middle School
2600 Ripley Ave
Distance between this listing and this school0.52 miles
Public District Grades 6-8
7
/10
Magruder Middle School
4100 W 185th St
Distance between this listing and this school1.35 miles
Public District Grades 6-8
7
/10
Jane Addams Middle School
4535 W 153rd Pl
Distance between this listing and this school1.37 miles
Public District Grades 6-8
Nearby Schools
9
/10
Environmental Charter High School
16315 Grevillea Ave
Distance between this listing and this school0.81 miles
Public Charter Grades 9-12
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school1.41 miles
Public District Grades 9-12
4
/10
Centinela Valley Independent Study
4951 Marine Ave
Distance between this listing and this school1.56 miles
The neighbors living near this home have an average income of $87,132. The most common annual income of people living in Redondo Beach, CA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2516 Mathews Ave
What is the listing price of this property?
The listing price of 2516 Mathews Ave property is $3,199,000.
What type of property is this?
The property 2516 Mathews Ave is a condo located in Redondo Beach, California, 90278.
Is this property for sale now?
Active Listing: 2516 Mathews Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,439 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 2516 Mathews Ave is 1959.
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This home is located at 2516 Mathews Ave in Redondo Beach, CA and zip code 90278 in the N Redondo Beach / Villas North neighborhood. This home, which was built in 1959, sits on a 0.23 acre lot. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $3,199,000.
Redondo Beach, CA housing market in October 2024 saw over 21 listings sold above listed price, more than 3 sold at listed price and over 24 sold below. The inventory of homes for sale in Redondo Beach, CA between September 2024 and October 2024 decreased by 3%. In October 2024 median list price was $1,488,750 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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