NOT LISTED FOR SALE

2023 Mathews Ave Redondo Beach, CA 90278

North Redondo Beach Neighborhood
6 Beds
6 Baths
3,096 Sq Ft
5,999 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $2,250,000 $727 Per Sq Ft

24 Days on Market

Highlights

  • 6 Car Garage
  • Madison Elementary School Rated A+
  • 2-minute walk to Mathews Parkette

About This Home

As of October 2024

Priced Reduced by Over $200,000! Located just 2-Blocks from Manhattan Beach, this a great opportunity to own 6 Units that ARE NOT subject to Los Angeles City Rent Control. The property consists of (6) 1-Bedroom/1-Bathroom units situated on a corner lot. One of the units is currently vacant. Recent upgrades include a new sewer line extending to the sidewalk, new copper plumbing throughout, and replacement of all sewer and drain lines to the sidewalk. Additionally, there's a new concrete driveway, all windows have been upgraded to vinyl dual-pane, and the units feature vinyl plank flooring and granite an/or quartz countertops. The property boasts new landscaping with irrigation and lighting. The property also has significant rental upside which can be attained easily with some interior upgrades.

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 08/06/2024

Last Buyer's Agent

Nicholas Phillips

Compass License #01742107

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,999 Sq Ft Lot
  • Lot Dimensions are 100x60

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units
  • Vacancy Allowance $4,523

Listing and Financial Details

  • Assessor Parcel Number 4155-027-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3096
  • Lot Acreage: 0.1378
  • Lot Dimensions: 100x60
  • Price Per Unit: 391500.00
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 758.72

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 6
  • Garage Structures: 6
  • Parking Garage: Garage
  • Total Parking: 12

Utilities

  • Number Electric Meters: 6
  • Number Gas Meters: 6

Lot Info

  • Assessed Improvement Percent: 37.50
  • Assessed Improvement Value: 265901
  • Assessed Land Percent: 62.5
  • Assessed Land Value: 443178
  • Total Assessed Value: 709079
  • Assessor Parcel Number: 4155-027-022
  • Lot Size Area: 5999

Rental Info

  • Total Actual Rent: 150780.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.58
  • Number Of Units: 6
  • Type Of Units: 1+1
  • Vacancy Allow: 4523
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Rate: 1.10
  • Tax Total: 25839.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $2,250,000 -4.2% $727 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $2,349,000 -7.9% $759 / Sq Ft
08/06/2024 08/06/24 For Sale $2,550,000 -- $824 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,194 $2,250,000 $1,800,000 $450,000
2024 $10,194 $723,260 $452,041 $271,219
2023 $10,030 $709,079 $443,178 $265,901
2022 $9,908 $695,177 $434,489 $260,688
2021 $9,716 $681,547 $425,970 $255,577
2019 $9,550 $662,250 $413,337 $248,913
2018 $9,271 $649,284 $405,233 $244,051
2016 $8,938 $623,195 $389,499 $233,696
2015 $8,787 $613,835 $383,649 $230,186
2014 $8,713 $601,811 $376,134 $225,677
Source: Public Records

Agents Affiliated with this Home

  • Gianluca Jacoli

    Seller's Agent in 2024

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    6 in this area

    50 Total Sales

    Gianluca Jacoli
    Section Image

  • N

    Buyer's Agent in 2024

    Nicholas Phillips

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 24-424399

The MLS
California Los Angeles County Redondo Beach 90278 North Redondo Beach

2023 Mathews Ave, Redondo Beach, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes