About 1923 Gates
Rare opportunity to buy this extra-large 4-UNIT PROPERTY WITH THREE VACANT UPDATED UNITS high on a ridge in sought-after North Redondo Beach. Put your own tenants in at market rate rents or owner-occupy one or more! The "sister property" next door is also available, creating huge upside development potential! Built in 1968, this well-maintained oversized fourplex (Two 3-Bed/2-Bath units with city/mountain views & two large 2-Bed/2- Bath units) features a total of 10 bedrooms and 8 bathrooms, offering strong income potential in one of the South Bay’s most desirable coastal communities. This turnkey property allows investors to focus on maximizing returns almost immediately. Three units have been recently updated with new appliances, hardwood flooring, luxury vinyl bathroom flooring, and fresh interior paint. Each 3-bedroom includes a 2-car garage, & a 1-car garage plus parking space for each 2-bedroom unit. The shared laundry room provides an additional source of income. Whether you’re an experienced investor expanding your portfolio, an owner-occupant wanting to pay your mortgage with great rent-income, or just looking to build long-term wealth through real estate, this is an outstanding opportunity in a prime location.
Features of 1923 Gates
| MLS® # | SB26109405 |
|---|---|
| Price | $2,499,000 |
| Sold Price | $2,450,000 |
| Bedrooms | 10 |
| Bathrooms | 8.00 |
| Lot Sqft | 7,494 |
| Acres | 0.17 |
| Year Built | 1968 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 1923 Gates |
|---|---|
| Area | 151 - N Redondo Bch/Villas North |
| City | Redondo Beach |
| County | Los Angeles |
| Zip Code | 90278 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Garage, On Site |
| # of Garages | 6 |
| Garages | Garage, On Site |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Radiant |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
Additional Information
| Date Listed | May 20th, 2026 |
|---|---|
| Date Sold | July 17th, 2026 |
| Days on Market | 11 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tony Puma |
|---|---|
| Office | eXp Realty of California Inc |