#SB24235648, Guillermo Gomez, Listing Office: The Realestate Group
#IN25067459·
Listing office: The Real Estate Consultants Westside Inc.·
Listing agent: Anoop Garg·
Listing office phone: 562-889-4981
$3,299,000 List price
2516 Mathews Ave Redondo Beach, CA 90278
0.2 acres
Condo
Property details
About 2516 Mathews Ave
Excellent Location in No. Redondo Beach. 8 units. and 8 garage spaces. What an opportunity ! 4 units are 2 bedroom and 1 bath and 4 units are 1 bedroom 1 bath. Almost 6000 SF building, All units are large SF. Bonus Extra-large lot 9911 SF !. Average 1 bedroom rent $2040 per month and 2 bedroom rents for about $2500 per month. Currents rental income for 8 units total $17,913 per month or $214,956 yearly rent. Property listed for only 15.3 GRM & about 5 CAP !! Building has a common laundry room. Current owner has recently done many upgrades, such as, New asphalt driveway, New double pane security windows in all units-35 total windows, 5 New garage doors, New exterior paint, New drain lines under the building, new copper water supply lines under the building Etc. Units have been remodeled as they become vacant. Low maintenance Building. Close to Artesia Blvd. with all services, grocery store & Restaurants. Please do not talk to the tenants or disturb tenants. Submit offers 'Subject to interior inspection'. This is an excellent opportunity with great rental location, Large Lot & Building Square Footage, good income, low expenses, low maintenance and great tenants. An ideal scenario for the landlord/owner to purchase and manage.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.2275 Acres
Year built1959
ParkingAssigned, Asphalt, Door-Single, Driveway, Garage
MLS #IN25067459
Garage8 spaces
Summary
- MLS Number: IN25067459
- MLS Name: CRMLS
- Office Name: The Real Estate Consultants Westside Inc.
- Office Phone: (562) 889-4981
- Office Email: anoop@annpgarg.com
- Listing Agent: Anoop Garg
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,299,000
2516 Mathews Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 13, 2023 | Home Sold | $2,600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,653,750 | $32,042 |
| 2023 | $3,347,350 | $39,643 |
| 2022 | $1,073,413 | $14,746 |
| 2021 | $1,052,401 | $14,439 |
| 2020 | $1,039,879 | $14,185 |
| 2019 | $1,019,490 | $13,731 |
| 2018 | $999,501 | $13,492 |
| 2017 | $979,904 | $13,492 |
History based on county public records data.
Nearby schools
8
Madison Elementary School
Public District KG-5
0.2 mi
•2200 MacKay Ln
5
William Green Elementary School
Public District KG-5
0.6 mi
•4520 W 168th St
7
Washington Elementary School
Public District KG-5
0.6 mi
•1100 Lilienthal Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,132. The majority of Redondo Beach, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
33%
35k-100k
30%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
10%
Single, with Kids
21%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Boston Market
Jack In The Box
What do the neighbors drive?
Audi
Mercedes
Toyota
What do the neighbors listen to?
Alternative
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2516 Mathews Ave
This home is located at 2516 Mathews Ave in Redondo Beach, CA and zip code 90278 in the N Redondo Beach / Villas North neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $3,299,000.
In March 2025 more than 18 listings in Redondo Beach, CA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 19 were sold below. The number of listings in Redondo Beach, CA increased by 6% between February and March 2025. In March 2025 median list price was $1,509,666 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.