Home | Los Angeles County | Redondo Beach | 90278 | 2202 Mathews
MLS: CRSB26075064 | Status: | Price: $1,799,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,496 | 1957 |
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
| Field | Value |
|---|---|
| MLS # | CRSB26075064 |
| MLS Source | California Regional MLS |
| Days on Site | 14 |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Style | Contemporary, Other |
| Feature | Details |
|---|---|
| Garage/Parking | Common Parking Area, Garage, Other, Garage: 6 Car(s) |
Jonathan Coleman
Beach City Brokers
License #: 00808758
Phone: (310) 546-3441
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Jonathan Coleman, (310) 546-3441.