2406 Mathews Ave, Redondo Beach, CA 90278
Redondo Beach, CA$1,340,000
Property Description
This a legal duplex operating as a triplex. This property is on a RBR-3 lot (7505 sq.ft.) which gives it a great opportunity to develop town-homes. It can also be a great owner/user investment property. Plenty of room for rental increases. Located in the prime area of North Redondo Beach. Please call me for more details.
Property Features
- Sale Price: $1,340,000
- Area Size: 1,726 SF
- Land Area: 7,504 SF
- Year Built: 1952
- Closing Date: 10/28/19
- Units: 3
- Price Per Unit: $500,000
- Market GRM: 19.84
- Market Cap Rate: 3.26%
