2600 Mathews Avenue

Redondo Beach, CA 90278

$3,500,000
Price
12
Beds
7
Baths
6,120 Sq. Ft.
$572 / Sq. Ft.
6,120
Sq. Ft.
$572
per Sq. Ft.

Description

Welcome to 2600 Mathews Avenue, a remodeled 7-unit property in the heart of Redondo Beach. This stunning renovated building offers a mix of modern and stylish living spaces, featuring one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, one 2-bedroom +den/1-bath unit and three 1-bedroom/1-bath units. Each unit boasts contemporary kitchens equipped with white "slow-close" shaker cabinets, sleek quartz countertops, designer tiled backsplashes, and stainless-steel appliances. The bathrooms are equally...Welcome to 2600 Mathews Avenue, a remodeled 7-unit property in the heart of Redondo Beach. This stunning renovated building offers a mix of modern and stylish living spaces, featuring one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, one 2-bedroom +den/1-bath unit and three 1-bedroom/1-bath units. Each unit boasts contemporary kitchens equipped with white "slow-close" shaker cabinets, sleek quartz countertops, designer tiled backsplashes, and stainless-steel appliances. The bathrooms are equally impressive, featuring new modern-themed vanities, designer tiled shower enclosures, lighted mirrors, and other high-end finishes. New hardwood luxury vinyl flooring spans throughout each unit, enhancing the clean and sophisticated feel. Additionally, all units have been updated with new windows, doors, and exterior lighting, ensuring energy efficiency and security. Each unit has interior laundry. Residents will appreciate the ample onsite shared garage parking with brand-new electric doors, as well as the outdoor patio area beautifully framed by lush planter boxes. Each unit is individually metered for gas and electricity, providing convenience and autonomy. Don't miss the chance to own this exquisite turnkey property in one of Redondo Beach's most desirable neighborhoods. Www.2600mathews. Com
  1. Listed by David Salzman • DRE #00952732 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay • 310-871-5314
  2. Listed by Richard Estes • DRE #02039421 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay

Property Details for 2600 Mathews Avenue

Parking Spaces Total
7
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6120
Assessor Parcel Number
4153-021-013
Property Attached YN
true
LISTING UPDATED: 12/20/2024 06:10 AM

Property Details for 2600 Mathews Avenue

StatusActive
MLS #SB24189166
Days on Market143
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyLos Angeles County

Building Information for 2600 Mathews Avenue

Building/Complex2600 Mathews AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1962Building Size-

Property Information for 2600 Mathews Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $238,620
  • Gross Scheduled Income: $246,000
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $238,620
  • Net Operating Income: $161,931
  • Gross Multiplier: 14.23
  • Cap Rate: 4.63
Expense Details
  • Operating Expense: $76,689
  • Fuel Expense: $0
  • Electric Expense: $544
  • Insurance Expense: $9,588
  • Maintenance Expense: $5,400
  • Professional Management Expense: $13,474
  • Other Expense: $41,629
  • Other Expense Description: prop tax
  • Trash Expense: $2,512
  • Water Sewer Expense: $3,542
  • Total Expenses: $76,689
Tax / Assessment Info
  • Tax Block: 26
  • Tax Tract Number: 2
  • Tax Census Tract: 6205.21
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 7
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 7
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,550
  • Unit Type Total Rent: $2,550
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,250
  • Unit Type Total Rent: $3,250
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,150
  • Unit Type Total Rent: $3,150
  • Unit Type Pro Forma: 3150
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,400
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 2600 Mathews Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2600 Mathews Avenue

Taxable ValueLand$2,144,403Additions$1,476,956Total$3,621,359
Tax Record2024$42,410 ($3,534 / month)
Home Facts
Total Finished SqFt6,120 SqFtAbove Grade Finished SqFt6,120 SqFtLot Size7,494 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningRBR-3CountyLOS ANGELESAPN4153-021-013

Schools near 2600 Mathews 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.

Similar Homes

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2600 Mathews Avenue is a multi-family home for sale in Redondo Beach, CA 90278. This property was listed for sale on September 10, 2024 by Engel & Volkers LA South Bay, it's currently listed at $3,500,000. It has been on the market for a total of 143 days and was last sold on April 17, 2020. 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. 2600 Mathews Avenue is a 12-bed, 7-bath, 6,120 sqft multi-family home built in 1962.

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 Engel & Volkers LA South Bay, David Salzman, DRE #00952732; Engel & Volkers LA South Bay, Richard Estes, DRE #02039421

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.