We are proud to present 2600 Mathews Avenue, a completely remodeled 7 unit property in Redondo Beach. Top to bottom renovation just completed. Unit mix consists of 2-3BR/1BA, 2-2BR/1BA and 3-1BR/1BA. Kitchens are brand new and include white slow close shaker cabinets, quartz kitchen counters, designer tiled backsplashes and stainless steel appliances. Bathrooms have new modern themed vanities, designer tiled shower enclosures and lighted mirrors, other modern finishes. New hardwood luxury vinyl flooring throughout. All new windows, doors and exterior lighting. Ample onsite garaged parking with brand new electric doors. New outdoor patio area surrounded by lush planter boxes. Units are individually metered for gas and electricity. Also wired for WiFi and DirectTV packages. The property is 100% leased and stabilized with great tenants paying close to market rent…..a huge advantage with pending statewide rent control. Current gross monthly income of $19,750 and annual SGI of $237,000. Priced at 14.32 GRM (actual) and 4.63% CAP (actual).
Based on information from California Regional Multiple Listing Service, Inc. as of April 1st, 2020 at 7:38pm CDT. 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.