2119 Mathews Avenue

Redondo Beach, CA 90278

$2,525,000

Status: Active

  • 6Units
  • 4,375SQ. Feet
  • 7,492Lot Sq. Ft.

HIGHLY DESIRABLE North Redondo Beach residential income property FOR SALE. First time on the market since 1987, this 6-unit apartment building has a mix of all 2 bedrooms/1 bath. Due to the desirability of this location, the units are always leased. Recently upgraded with new exterior paint, new metal automatic garage doors, and 2 newly refurbished units. The property is centrally located along the Artesia corridor on a quiet street. Walk to shops, dining and the Post Office. Easy access to the 405 freeway, and a short bike ride or drive to the beach and Downtown Hermosa and Manhattan Beach. Adding value to the property, just to the East is the planned South Bay Galleria Improvement Project, a mixed-use redevelopment project that will add 217,000 sf of dining, entertainment and shops, along with a 150 room hotel, 300 apartment units and 6 acres of outdoor space. A new CVS and Grocery Outlet opened across the street. Award-winning Redondo Beach schools. Upside income potential.

Key Info

  • TypeResidential Income
  • StatusActive
  • Year Built1961
  • Days on Market100
  • Price$2,525,000
  • Price/Sqft$577
  • Date ListedJuly 5th, 2019
  • MLS® #SB19169298

Interior

  • Square Footage4,375
  • Units6
  • Bathrooms0.00
  • # of Stories2
  • HeatingWall Heater
  • CoolingNone
  • Parking Spaces9
  • Garage Spaces6

Listing Details

  • Listing AgentAnnette Davis(01055118)
  • Listing OfficeVista Sotheby’s Realty

Community Information

  • AreaN. Redondo Beach/Villas North (151)
  • CityRedondo Beach, CA
  • Zip Code90278
  • CountyLos Angeles

Exterior

  • Lot Sq. Ft.7,492

Price Change History for 2119 Mathews Avenue, Redondo Beach, CA (MLS® #SB19169298)

Date Details Change
Price Reduced from $2,649,000 to $2,525,000 $124,000 (4.68%)
Price Reduced from $2,850,000 to $2,649,000 $201,000 (7.05%)
Price Reduced from $2,995,000 to $2,850,000 $145,000 (4.84%)
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Based on information from California Regional Multiple Listing Service, Inc. as of October 14th, 2019 at 1:48pm 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.