2518 Gates Avenue

Redondo Beach, CA 90278

$1,795,000
Price
6
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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. Dont miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.
  1. Listed by Gerard Bisignano • DRE #01116110 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty • 310-990-4727

Property Details for 2518 Gates Avenue

City Postal ID
REDONDO BEACH (90278)
LISTING UPDATED: 02/24/2025 06:53 AM

Property Details for 2518 Gates Avenue

StatusActive
MLS #SB24242537
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.17 AC / 7,514 SF
CountyLos Angeles County

Building Information for 2518 Gates Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.17 AC / 7,514 SF

Property Information for 2518 Gates Avenue

Summary Information
Property and Location
  • System ID: 306318617
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 2518
  • Street Name: Gates Avenue
  • Directions To Property: Artesia to Gates
HOA and Fees
  • Monthly Total Fees: $139
  • CFD/Mello-Roos Fee: $1,675
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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. Dont miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Site: Curbs, Sidewalks
  • Zoning: Assessor
  • Assessors Parcel Num: 4153015002
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $1,650
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $2,700
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 3
  • Unit 3 Num of Total Baths: 2
  • Unit 3 Rent Actual: $3,595

Property History for 2518 Gates Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2518 Gates Avenue

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Adams Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Virtual Learning
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2518 Gates Avenue is a multi-family home for sale in Redondo Beach, CA 90278. This property was listed for sale on December 2, 2024 by Vista Sotheby’s International Realty, it's currently listed at $1,795,000. It has been on the market for a total of 95 days and was last sold on January 8, 2019. This listing's school district is Redondo Beach Unified School District. Nearby schools include Madison Elementary School, Adams Middle School and Redondo Union High School. 2518 Gates Avenue is a 6-bed, 4-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Gerard Bisignano, DRE #01116110

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.