1925 Gates Avenue, Redondo Beach, CA 90278
- $2,400,000
- Sold Price
- $2,400,000
- List Price
- $2,600,000
- Closing Date
- Jul 17, 2026
- Status
- CLOSED
- MLS#
- SB26068791
- Year Built
- 1968
- Lot Size
- 7,496
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 53
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Exceptional investment opportunity in the highly desirable North Redondo Beach area. This well-established quadruplex was built in 1968 and has been carefully maintained and updated. It has a total of 10 beds, 8 baths This building provides strong income potential in one of the South Bay's most sought-after coastal communities. This turnkey investment opportunity gives you the option to focus on the profits. Each unit has a private garage. Whether you are a seasoned investor looking to expand your portfolio or discovering new ways to start creating long term wealth, this opportunity is ideal. Even the shared laundry room creates extra income . All units are currently occupied, with income producing potential, three of which are month to month rentals.
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Additional Information
- Association Amenities
- Maintenance Grounds
- Pool Description
- None
- Heat
- Radiant
- Cooling Description
- None
- Roof
- Asbestos Shingle
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $118,330
- Operating Expense
- 20805
Listing courtesy of Listing Agent: Jaqueline Steib (jaquelinesteib@gmail.com) from Listing Office: Vista Sotheby's International Realty.
Listing sold by Masumi Patel from Masumi Patel
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.