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Sold for $1,600,000
  • Listed by: Vista Sotheby’s International Realty • Gerard Bisignano • Contact: 310-990-4727
    Bought with: Vista Sotheby’s International Realty
    $1,600,000

    2518 Gates Ave #A, Redondo Beach, CA 90278

    6beds
    4baths
    2,710sqft
    Duplex
    Built in 1951
    -- sqft lot
    $1,526,300 Zestimate®
    $590/sqft
    $4,878 Estimated rent

    Home value

    $1,526,300

    $1.30M - $1.77M

    $4,878/mo

    Zestimate® history
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    What's special

    Private drivewaySeparate driveway
    This 3 unit property is on a full 50X150 lot(BTV) and in an area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. 3 separate units featuring a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit is 1 bedroom and 1 bathroom with its own private laundry and storage room. The back unit boasts 3 bedrooms and 2 bathrooms and features upgrades and a separate parking pad and garage, a patio and yard area. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. Please note, the separate 1 bed 1 bath unit is totally separate and designated with the City of RB as a permitted addition to the 3 bedroom unit and the property is designated as a duplex with an R-3 zoning. The property's proximity to award-winning Redondo Beach schools, shopping centers (including the South Bay Galleria), grocery stores, dining options, freeways, parks (such as Perry Park), and recreational areas adds to its appeal. Whether you're looking for a stable rental income or long-term appreciation, the versatile layout and ideal location offer excellent potential for various rental strategies. With its prime location, this property is perfect for investors seeking both convenience and long-term growth in one of the most desirable beach cities. Don’t miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gerard Bisignano DRE #01116110 310-990-4727,

    Vista Sotheby’s International Realty,

    Tiana Capper DRE #01991771,

    Vista Sotheby’s International Realty

    Bought with:

    Gerard Bisignano, DRE #01116110

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: SB24242537MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,710
    • Total interior livable area: 2,710 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,512 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4153015002
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $590/sqft
    • Tax assessed value: $1,729,051
    • Annual tax amount: $21,192
    • Date on market: 12/2/2024
    • Cumulative days on market: 137 days
    • Listing terms: Contract
    • Total actual rent: 97740

    Price history

    DateEventPrice
    5/9/2025Sold$1,600,000-5.8%$590/sqft
    Source: CRMLS #SB24242537 Report a problem
    4/28/2025Pending sale$1,699,000$627/sqft
    Source: CRMLS #SB24242537 Report a problem
    4/21/2025Contingent$1,699,000$627/sqft
    Source: CRMLS #SB24242537 Report a problem
    4/11/2025Price change$1,699,000-2.9%$627/sqft
    Source: CRMLS #SB24242537 Report a problem
    3/31/2025Price change$1,750,000-2.5%$646/sqft
    Source: CRMLS #SB24242537 Report a problem
    3/27/2025Listed for sale$1,795,000$662/sqft
    Source: CRMLS #SB24242537 Report a problem
    3/21/2025Contingent$1,795,000$662/sqft
    Source: CRMLS #SB24242537 Report a problem
    2/21/2025Listed for sale$1,795,000$662/sqft
    Source: CRMLS #SB24242537 Report a problem
    2/14/2025Contingent$1,795,000$662/sqft
    Source: CRMLS #SB24242537 Report a problem
    12/3/2024Listed for sale$1,795,000+15.8%$662/sqft
    Source: CRMLS #SB24242537 Report a problem
    3/22/2021Listing removed--
    Source: Owner Report a problem
    1/8/2019Sold$1,550,000$572/sqft
    Source: Public Record Report a problem
    12/13/2018Listing removed$2,100$1/sqft
    Source: Owner Report a problem
    12/2/2018Listed for rent$2,100-16%$1/sqft
    Source: Owner Report a problem
    10/23/2018Listing removed$2,500$1/sqft
    Source: Owner Report a problem
    9/22/2018Listed for rent$2,500+19%$1/sqft
    Source: Owner Report a problem
    9/14/2017Listing removed$2,100$1/sqft
    Source: Owner Report a problem
    7/22/2017Listed for rent$2,100$1/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,192 +4.5%$1,729,051 +2%
    2024$20,276 +1.9%$1,695,149 +2%
    2023$19,906 +1.8%$1,661,911 +2%
    2022$19,556 +2.8%$1,629,325 +2%
    2021$19,031 +0.1%$1,597,378 +1%
    2020$19,010 $1,581,000 +261.4%
    2019$19,010 +219.3%$437,524 +2%
    2018$5,953 $428,946 +2%
    2017$5,953 +1.6%$420,536 +2%
    2016$5,859 +2.1%$412,292 +1.5%
    2015$5,740 +3.1%$406,100 +2%
    2014$5,569 $398,146 +4.5%
    2011-- $380,958 +0.8%
    2010-- $378,112 -0.2%
    2009-- $379,012 +2%
    2008-- $371,581 +2%
    2007-- $364,296 +2%
    2005-- $357,154 +4%
    2004-- $343,287 +1.9%
    2003-- $336,997 +2%
    2002-- $330,390
    Find assessor info on the county website

    Neighborhood: 90278

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,526,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,526,300