2119 Mathews Ave
Redondo Beach, CA 90278
Multifamily Property For Sale · 6 Units

Annette Davis of Vista Sotheby's International Realty is pleased to present 2119 Mathews Avenue in Redondo Beach FOR SALE. This HIGHLY DESIRABLE Multi-Family income property is on the market for the first time since 1987. The property consists of 6-units, all 2 bedrooms/1 bath. As an added amenity, each unit is appointed with a washer hook-up. There is a community dryer on-site, and double garages with storage, giving the new owner potential for multiple streams of additional income. Due to the desirability of this location, the units are always leased. Recent upgrades include new exterior paint, new metal automatic garage doors, and 2 newly refurbished units. The property is centrally located along the Artesia corridor on a quiet street. Walk to shops, dining and the Post Office, with easy access to the 405 freeway, and a short bike ride or drive to the beach and Downtown Hermosa and Manhattan Beach. Adding value to the property, just to the East is the planned South Bay Galleria Improvement Project, a mixed-use redevelopment project that will add 217,000 sf of dining, entertainment and shops, along with a 150 room hotel, 300 apartment units and 6 acres of outdoor space. A new CVS and Grocery Outlet opened across the street. With local lifestyle attractions, safe neighborhoods and award-winning Redondo Beach schools, along with a year-round Mediterranean climate, this is an ideal opportunity for investors.