2022 Mathews Avenue, Redondo Beach, California 90278

Property Status: Active

$2,200,000
4,092 Sqft
Property Description
Introducing 2022 Mathews Ave, boasting four 2-bedroom 1-bath units. These units benefit from a fantastic North Redondo location with local shops and restaurants close by. All units include 1 off-street parking space and in unit washer & dryers. Recent renovations include but are not limited to, interior renovations in 3 of 4 units, minor roof touch ups, a recently installed privacy fence and paint job. This property is being delivered at 3.35% CAP and 20 GRM with 25% upside in current rents. All units are currently occupied, 3 of 4 on annual leases, 1 on month to month,. Eligible for attractive residential financing! a 40 year fixed loan option at roughly 3.75% up to 80% LTV, first 10-years fixed interest only then rolls to a 30-year amortized loan with no rate adjustment.
Listed by Austin Zahn - DRE #01972083 - Lyon Stahl Investment Real Estate, Inc.
Features
4,092 Sqft
0
7504
23
: 0.00
SBZAHNAUS
: Rectangular Lot
: Public
: Inside
0
: Public Sewer
0
: Sidewalks
: 2+ Common Walls
Address Map
4,092 Sqft
0
7504
23
Mathews
2022
Avenue
3064
0
W119° 37' 30.1''
N33° 52' 24.7''
MLS Addon
4,092 Sqft
0
7504
23
Lyon Stahl Investment Real Estate, Inc.
7,504 Sqft
Zahn
RBR-3
sb1310620
Austin
Head East on Artesia then make a left on Blossom Ln.
4155030001
$0
0
: Standard
151 - N Redondo Bch/Villas North
01972083