2600 Mathews AVE Redondo Beach, CA 90278

We are proud to present 2600 Mathews Avenue, a completely remodeled 7 unit property in Redondo Beach. Top to bottom renovation just completed. Unit mix consists of 2-3BR/1BA, 2-2BR/1BA and 3-1BR/1BA. Kitchens are brand new and include white slow close shaker cabinets, quartz kitchen counters, designer tiled backsplashes and stainless steel appliances. Bathrooms have new modern themed vanities, designer tiled shower enclosures and lighted mirrors, other modern finishes. New hardwood luxury vinyl flooring throughout. All new windows, doors and exterior lighting. Ample onsite garaged parking with brand new electric doors. New outdoor patio area surrounded by lush planter boxes. Units are individually metered for gas and electricity. Also wired for WiFi and DirectTV packages. The property is 100% leased and stabilized with great tenants paying close to market rent…..a huge advantage with pending statewide rent control. Current gross monthly income of $19,750 and annual SGI of $237,000. Priced at 14.32 GRM (actual) and 4.63% CAP (actual).