CA > Redondo Beach
Redondo Beach, CA 90278,2518 Gates AVE #A
Redondo Beach, CA 90278,2518 Gates AVE #A
Redondo Beach, CA 90278,2518 Gates AVE #A
18
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$1,600,000
$1,699,000 5.8%
Est. payment /mo
7,514 Sqft Lot
Sold on 05/09/2025

2518 Gates AVE #A Redondo Beach, CA 90278

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Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24242537

Sold Date 05/09/25

HOA Y/N No

Year Built 1951

Lot Size 7,514 Sqft

Property Sub-Type Duplex

Property Description

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'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.

Location

State CA

County Los Angeles

Area 151 - N Redondo Bch/Villas North

Zoning RBR-3

Interior

Fireplace No

Laundry Washer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4153015002

Acceptable Financing Contract

Listing Terms Contract

Financing Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Gerard Bisignano • Vista Sotheby’s International Realty • 310-990-4727
Bought with Gerard Bisignano • Vista Sotheby’s International Realty

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agent

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2518 Gates AVE #A

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