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Listed by Ada Steib with Vista Sotheby's International Realty 310-266-7177

1925 Gates

$2,600,000

1925 Gates, Redondo Beach, CA 90278

For Sale

MLS® ID: SB26059240

  • 7,496 Sq.Ft.
  • 5,032 Sq.Ft.
  • 1968 BUILT

Property Details

Exceptional investment opportunity in the highly desirable North Redondo Beach area.
This well-established quadruplex was built in 1968 and has been carefully maintained and updated. It has a total of 10 beds, 8 baths
This building provides strong income potential in one of the South Bay's most sought-after coastal communities. This turnkey investment opportunity gives you the option to focus on the profits. Each unit has a private garage and extra parking for guests. Whether you are a seasoned investor looking to expand your portfolio or discovering new ways to start creating long term wealth, this opportunity is ideal.
Even the laundry room creates extra income . All units are currently occupied, with income producing potential, three of which are month to month rentals.

Jaqueline Steib

LISTING AGENT

Amenities

Interior

  • Laundry room Common Area

Exterior & Building

  • Stories 2
  • water Source Public
  • utilities Natural Gas Not Available
  • roof Asbestos Shingle
  • lot features 2-5 Units/Acre
  • Heat Type Radiant
  • Air Conditioning None
  • security Features Carbon Monoxide Detector(s)

Financial Details

  • Sales Price $2,600,000

Area & Lot

  • Status For Sale
  • Living Area 5,032 Sq.Ft.
  • Total Area 5,032 Sq.Ft.
  • Lot Area 7,496 Sq.Ft.
  • MLS® ID SB26059240
  • Type Commercial
  • Year Built 1968
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Work With Jaqueline

Every day I strive to be the best version of myself. I look forward to helping you reach your real estate goals, whether you are buying, selling, or looking for investment property I am just a text, email or phone call away.

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