2202 Mathews, Redondo Beach, CA 90278
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2202 Mathews,Redondo Beach, CA 90278
$1,799,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: jonathan coleman
Office: beach city brokers
MLS#:SB26075064
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,799,000
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 Entertainm...
Contact an agent
Home facts
- Listing ID #:SB26075064
- Added:36 day(s) ago
- Updated:May 24, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,799,000
New listings near 2202 Mathews
- Coming Soon
$1,199,000Coming Soon4 beds 3 baths2514 Vanderbilt Lane #C, Redondo Beach, CA 90278
MLS# SB26101842Listed by: REALTY ONE GROUP UNITED - Coming SoonOpen Thu, 4:30 to 6:30pm
$1,795,000Coming Soon4 beds 3 baths1911 Curtis Avenue #A, Redondo Beach, CA 90278
MLS# SB26111158Listed by: KELLER WILLIAMS REALTY - Coming Soon
$2,899,000Coming Soon5 beds 4 baths2000 Robinson St W, Redondo Beach, CA 90278
MLS# PV26110872Listed by: COLDWELL BANKER REALTY - New
$1,155,000Active3 beds 3 baths1,885 sq. ft.1710 Grant #14, Redondo Beach, CA 90278
MLS# PW26110836Listed by: 1VISION REAL ESTATE - Open Sun, 2 to 4pmNew
$815,000Active1 beds 1 baths619 sq. ft.620 The Village #212, Redondo Beach, CA 90277
MLS# SB26109288Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - New
$939,000Active2 beds 3 baths1,496 sq. ft.2310 Mathews Avenue #5, Redondo Beach, CA 90278
MLS# SB26102398Listed by: ESTATE PROPERTIES - Open Sun, 2 to 4pmNew
$815,000Active1 beds 1 baths619 sq. ft.620 The Village #212, Redondo Beach, CA 90277
MLS# SB26109288Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - New
$1,799,000Active4 beds 3 baths2,213 sq. ft.2005 Mathews Avenue #B, Redondo Beach, CA 90278
MLS# SB26110305Listed by: THOMPSON TEAM REAL ESTATE, INC. - New
$1,295,000Active3 beds 1 baths951 sq. ft.2301 Hill Lane, Redondo Beach, CA 90278
MLS# SB26048986Listed by: CENTURY 21 COASTAL PROPERTIES - Open Sun, 2 to 6pmNew
$1,795,000Active2 beds 2 baths1,419 sq. ft.727 Esplanade #306, Redondo Beach, CA 90277
MLS# SB26097055Listed by: ESTATE PROPERTIES