$1,250,000
Sold

2003 Gates Avenue

Redondo Beach, CA 90278
0.17 acres | #SB19246291
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Multi-Family
Structure:House
Zone:Commercial

Description

2003 Gates Ave is a North Redondo Beach duplex that features 1,957 SF of living space on a 7,499 SF lot, located just two blocks from Manhattan Beach. Built in 1947, this property has been well-maintained and contains a landscaped yard and a large driveway with a detached 2-car garage. The front 3-bed/1-bath unit features a front yard area and shared back patio; the rear 1-bed/1-bath unit also includes its own private yard and will be delivered vacant. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Hitting the market for the first time since 1969, 2003 Gates Ave is an excellent owner-user buy, allowing for an owner to live in one unit and enjoy the top of the market rental income from the other.

Location

Rami ElminoufiReal Estate Group
OR