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Price: $3,300,000
Units: 8
Property Type: Multifamily
Status: Active
Year Built: 1964
Days on Website: 67

Courtesy of Berkadia, Steffan Braunlich.

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Property Description

VALUE-ADD OPPORTUNITY! Property delivered with 5 vacancies. The Gatewood is situated only blocks from the proposed metro South Bay Green Line Extension and the $900 million revitalization of the South Bay Galleria. The subject property is comprised of (4) two-bedroom with one and one-half bathroom units, and (3) three-bedroom with one and three-quarters bathroom units. The two-bedroom units average approximately 830 square feet and the three-bedroom units are approximately 1,025 square feet. Parking consists of 6 one-car garages with an additional 6 tandem surface spaces. The property features a laundry room with 1 washer and 1 dryer leased by Wash. Being sold in conjunction with 2605 Gates Ave (7 units – MLS# 20-605754). Properties can be sold together or separately.

Property Details and Features

  • House
  • 2 stories
  • Built in 1964
  • Garage
  • 6 garage spaces
  • Heating
  • No heating
  • Listing
  • 47 days on market
  • Location
  • MLS area: 151 – N Redondo Bch/Villas North
  • County: Los Angeles
  • Lot
  • 0.17 acres
  • 7,504 sqft
  • Parking
  • 6 spaces
  • No parking
  • Property
  • Zoning: RBR-3

Property Map

$3,300,000 – 2609 Gates Avenue, Redondo Beach, CA 90278

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