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2518 Gates Ave Unit A, Redondo Beach, CA, 90278

$1,795,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2518 Gates Ave Unit A, Redondo Beach$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage2 spaces
Year Built1951
MLS #SB24242537
Lot Size0.17 Acres
StatusActive

About 2518 Gates Ave Unit A

This 3 unit property is on a full 50X150 lot(BTV) and in a area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. The 3-unit property features a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit has 1 bedroom and 1 bathroom, while the back unit boasts 3 bedrooms and 2 bathrooms, featuring upgrades and a separate driveway. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. 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.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Artesia to Gates

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
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Housing Market Comparison

See how this home compares to others in Redondo Beach, CA.

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Redondo Beach, CA

City

Med. Sold Price

$1.4M

Med. Price/SqFt

$800

Avg. Days On Market

52

# of Sold Homes

38

2518 Gates Ave Unit A vs Redondo Beach

1 DAY ON ROCKET

-51 Days

$1,795,000

+$321.7K More

KEY TAKEAWAY

This property is $321.7K 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: #SB24242537

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 990-4727
  • Listing Agent: Gerard Bisignano

IDX 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: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,026

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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NMLS#3030

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.

Nearby Schools

school-card-donut-3813202
8
/10

  • Madison Elementary School

  • 2200 MacKay Ln

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-3813203
7
/10

  • Lincoln Elementary School

  • 2223 Plant Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-3813204
5
/10

  • William Green Elementary School

  • 4520 W 168th St

  • 0.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,826. The most common annual income of people living in Redondo Beach, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Redondo Beach›90278›2518 Gates Ave Unit A

This home is located at 2518 Gates Ave Unit A in Redondo Beach, CA and zip code 90278 in the N Redondo Beach / Villas North neighborhood. This home, which was built in 1951, sits on a 0.17 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $1,795,000.

In November 2024, from all listings sold in Redondo Beach, CA there were more than 10 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price. In November 2024 in Redondo Beach, CA there were 6.2% less homes for sale than in October 2024. While the average time on the market in November 2024 was 52 days, the median list price was $1,473,219.

From Rocket Homes Real Estate and based on county public records data.

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