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2609 Gates Ave , Redondo Beach, CA 90278
$2,950,000
Est. Payment: $15,501.94/mo
5 Bed
2 Bath
6499 Sqft
0.17 Acres
Status: active under contract | Days on site: 26
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Chris Heller
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House Description

2609 Gates Avenue offers investors a rare opportunity to acquire a seven-unit North Redondo Beach property with five units delivered vacant. This vacancy profile enables a buyer to immediately implement a comprehensive renovation and leasing strategy. Additionally, the property may offer the opportunity to add a single accessory dwelling unit by converting the existing garage space. The approximately 6,499-square-foot, two-story garden-style property is situated on a 7,504-square-foot lot and offers an attractive mix of (4) two-bedroom / one-and-one-half-bath residences and (3) three-bedroom / one-and-three-quarter-bath residences. With average unit sizes of approximately 928 square feet, the property provides residents with the larger floor plans and functional layouts increasingly sought after in the South Bay rental market.
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Highlights

Listed by Steffan Braunlich , 310-209-3209 Berkadia , 310-209-3200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

Year Built

1964

County

Los Angeles

Area

151 - N Redondo Bch/Villas North

Listing ID

26997021

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:RBR-3
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Private
Principal Interest
$15,502
Taxes
$1,881

Home Price

$2,950,000

Loan Details

30 yrs
6.874%

Down Payment

20%
$590,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,501.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,501.94 $1,880.63 $0.00 $17,382.57
Yearly $186,023.32 $22,567.50 $0.00 $208,590.82
Total $5,580,699.52 $677,025.00 $0.00 $6,257,724.52

Today's Rates

30 Year

6.87%

20 Year

6.7%

15 Year

6.29%

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Market insight data is pulled from the same city as the listing being viewed (Redondo Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T17:32:49.000Z

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