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2023 Mathews Ave, Redondo Beach, CA 90278

Sale Price: $2,250,000
Aug 6, 20243,096 sqft6 beds6 baths
Listed by: Gianluca Jacoli
License #: 01938297
Phone #: 310-593-9861
Shield CRE, Inc.
Source:
CRMLS Logo
MLS #: 24424399

Property Description

Priced Reduced by Over $200,000! Located just 2-Blocks from Manhattan Beach, this a great opportunity to own 6 Units that ARE NOT subject to Los Angeles City Rent Control. The property consists of (6) 1-Bedroom/1-Bathroom units situated on a corner lot. One of the units is currently vacant. Recent upgrades include a new sewer line extending to the sidewalk, new copper plumbing throughout, and replacement of all sewer and drain lines to the sidewalk. Additionally, there's a new concrete driveway, all windows have been upgraded to vinyl dual-pane, and the units feature vinyl plank flooring and granite an/or quartz countertops. The property boasts new landscaping with irrigation and lighting. The property also has significant rental upside which can be attained easily with some interior upgrades.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,761

TurboHome Estimated Value

$2,133,200

$689 sqft

High Valuation
$2,239,860
$723/sqft
Normal Valuation
$2,133,200
$689/sqft
Low Valuation
$2,026,540
$655/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$689/sqft$2,133,200

Neighborhood

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Comparative Value

$1.88M

$2.00M

$2.25M

$2.35M

$2.67M

$2.79M

2701 Rockefeller Ln, Redondo Beach, CA 90278

Sale Price: $1,875,000

Selected Comparable

1922 Gates Ave A, Redondo Beach, CA 90278

Sale Price: $1,995,000

Selected Comparable

2023 Mathews Ave, Redondo Beach, CA 90278

Sale Price: $2,250,000

Selected Comparable

2023 Mathews Ave, Redondo Beach, CA 90278

List Price: $2,349,000

Subject Property

2518 Spreckels Ln, Redondo Beach, CA 90278

Sale Price: $2,675,000

Selected Comparable

2601 185th St, Redondo Beach, CA 90278

Sale Price: $2,790,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2023 Mathews Ave, Redondo Beach, CA 90278

2023 Mathews Ave, Redondo Beach, CA 90278

List: $2,349,000

Listed: 8/6/2024

Area:3,096 sqft
Price/sqft:$759
Beds:6
Baths:6
Year Built:
Lot Size:5,999

Comparable Properties

COMPARABLE
Choose comps
2023 Mathews Ave, Redondo Beach, CA 90278

2023 Mathews Ave, Redondo Beach, CA 90278

Sale: $2,250,000

10/4/20240.00 mi

Area:3,096 sqft
Price/sqft:$727
Beds:6
Baths:6
Year Built:
Weight:27.2%
1922 Gates Ave A, Redondo Beach, CA 90278

1922 Gates Ave A, Redondo Beach, CA 90278

Sale: $1,995,000

7/11/20250.34 mi

Area:3,020 sqft
Price/sqft:$661
Beds:5
Baths:5
Year Built:
Weight:20.7%
2518 Spreckels Ln, Redondo Beach, CA 90278

2518 Spreckels Ln, Redondo Beach, CA 90278

Sale: $2,675,000

2/12/20251.20 mi

Area:3,379 sqft
Price/sqft:$792
Beds:5
Baths:6
Year Built:
Weight:19.1%
2601 185th St, Redondo Beach, CA 90278

2601 185th St, Redondo Beach, CA 90278

Sale: $2,790,000

4/25/20251.04 mi

Area:3,153 sqft
Price/sqft:$885
Beds:5
Baths:5
Year Built:
Weight:18.0%
2701 Rockefeller Ln, Redondo Beach, CA 90278

2701 Rockefeller Ln, Redondo Beach, CA 90278

Sale: $1,875,000

4/30/20250.79 mi

Area:2,428 sqft
Price/sqft:$772
Beds:5
Baths:5
Year Built:
Weight:15.0%

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