2202 Mathews, Redondo Beach, CA 90278
Local realty services provided by:ERA Donahoe Realty
2202 Mathews,Redondo Beach, CA 90278
$1,799,000
- - Beds
- - Baths
- 3,013 sq. ft.
- Multi-family
- Active
Listed by: jonathan coleman
Office: beach city brokers310-543-3536
MLS#:SB26075064
Source:CRMLS
Price summary
- Price:$1,799,000
- Price per sq. ft.:$597.08
About this home
Welcome to 2202 Mathews Ave. This is an Exceptional Investment Opportunity in a Prime Desirable North Redondo Beach Location. This Well Maintained and Recently Improved and Upgraded Property features Six 1-Bedroom, 1 Bath Units, along with Six Enclosed Parking Spaces for each tenant, located within Three Double Garages at the rear of the building. The property also offers an Enclosed Grassy Front Yard, an Enclosed Central Yard, and a Separate Laundry Room with Seller Owned Equipment. The building encompasses 3,013 sq. ft. and is situated on a 7,496 sq. ft. 50’ x 150’ R-3 Zoned Lot. It includes Separate Electric and Gas Meters, with Utilities and Service (except for water paid by the tenants. The property has been Recently Upgraded with a New Roof, Exterior Paint, Electric Panels, Wall Heaters, Stairs and Balcony Railings, Vinyl Windows, and the Front Yard Fence. All units are occupied by Stable Long Term Tenants on month-to-month rental agreements, with rents recently increased. In addition to its current performance, with an estimated 4.13 Cap Rate and a 16.9 GRM, this Stabilized Asset Offers Long-Term Value and Upside Potential, including Attractive and Predictable Estimated 7% to 8% Annual Rent Increases. Ideally located in North Redondo, the property is Just Minutes from the Manhattan Beach Pier, Hermosa Beach Pier, Redondo Performing Arts Center, The Galleria Mall, Parks, Schools, and The 405 Freeway. It is also one block from The Grocery Outlet, Dollar Tree, CVS Pharmacy, and Public Transportation, with Close Proximity to a wide array of Shopping, Dining, and Entertainment Options. This Exceptionally Priced Property Presents a Compelling Opportunity as a Reliable and Attractive Investment for the First Time Income Property Buyer or the Seasoned Investor Adding to their Portfolio. PLEASE DO NOT DISTURB THE TENANTS OR ENTER THE PROPERTY
Where Can You Find A 6-Unit Property At This Price In The Beach Cities - Right Here At 2202 Mathews Ave. - This is Priced to Sell — Don’t Wait....
Contact an agent
Home facts
- Year built:1957
- Listing ID #:SB26075064
- Added:2 day(s) ago
- Updated:April 12, 2026 at 10:34 AM
Rooms and interior
- Living area:3,013 sq. ft.
Heating and cooling
- Heating:Natural Gas, Wall Furnance
Structure and exterior
- Year built:1957
- Building area:3,013 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Front Yard, Lawn, Near Public Transit, Rectangular Lot, Street Level
- Architectural Style:Contemporary
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,799,000
- Price per sq. ft.:$597.08
Parking
- Total parking spaces:6
- Parking description:Driveway, Garage, On Site, Paved
- Garage:Yes
- Garage spaces:6
New listings near 2202 Mathews
- Open Thu, 11am to 1pmNew
$4,100,000Active4 beds 4 baths3,648 sq. ft.112 Via La Circula, Redondo Beach, CA 90277
MLS# PV26077367Listed by: ESTATE PROPERTIES - Open Sun, 12 to 2pmNew
$2,299,000Active-- beds -- baths2,546 sq. ft.610 Carnelian, Redondo Beach, CA 90277
MLS# SB26077419Listed by: BEACH CITY BROKERS - Open Sun, 2 to 4pmNew
$1,950,000Active4 beds 3 baths1,879 sq. ft.420 S Broadway #A, Redondo Beach, CA 90277
MLS# SB26076613Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - Open Sun, 2 to 4pmNew
$2,599,000Active4 beds 7 baths3,100 sq. ft.2111 Clark #A, Redondo Beach, CA 90278
MLS# SB26059120Listed by: THOMPSON TEAM REAL ESTATE, INC. - Open Sun, 1 to 4pmNew
$1,595,000Active4 beds 3 baths2,061 sq. ft.2421 Clark Lane #B, Redondo Beach, CA 90278
MLS# SB26067815Listed by: EXP REALTY OF CALIFORNIA, INC - Open Sun, 1 to 4pmNew
$1,249,000Active2 beds 3 baths1,515 sq. ft.1919 Carnegie #C, Redondo Beach, CA 90278
MLS# SB26075625Listed by: REAL ESTATE WEST, INC. - Open Thu, 12 to 2pmNew
$1,749,950Active3 beds 3 baths1,988 sq. ft.1715 Morgan, Redondo Beach, CA 90278
MLS# DW26071510Listed by: 24 HOUR REAL ESTATE - Open Sun, 1 to 4pmNew
$1,625,000Active3 beds 2 baths1,636 sq. ft.729 N Juanita, Redondo Beach, CA 90277
MLS# SB26075832Listed by: COMPASS - New
$3,498,000Active4 beds 4 baths3,617 sq. ft.1038 Avenue D, Redondo Beach, CA 90277
MLS# SB26059789Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY