**Back on the Market – Prime Investment Opportunity in North Redondo Beach**
Don’t miss your chance to own this rare 5-unit gem in the heart of North Redondo Beach! Perfect for both investors and owner-occupants, this versatile property offers the unique opportunity to live in one unit while generating rental income from the others.
The front of the property features a spacious standalone 3-bedroom, 2-bathroom house—ideal for an owner’s residence or premium rental. Behind the main home, you’ll find four additional units with two 2-bedroom, 1-bath, each offering comfortable layouts and strong rental potential.
Additional features include:
*5 single-car garages
* Prime location, just minutes from the beach!
* Close proximity to award-winning schools, shopping, dining, and all the best the South Bay has to offer.
Whether you’re looking to expand your real estate portfolio or find a home that works for you and your financial goals, this property delivers both value and versatility.
Opportunities like this in North Redondo Beach don’t last—schedule your viewing today!
For sale
Listing Provided by:
Guillermo Gomez DRE #01501030 310561-3196,
The Realestate Group,
Ofelia Gomez DRE #00649312 310-798-2205,
The Realestate Group
$2,500,000
2227 Mathews Ave, Redondo Beach, CA 90278
11beds
6baths
4,132sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$-- Zestimate®
$605/sqft
$-- HOA
What's special
Comfortable layouts
- 89 days |
- 428 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 09:04pm
Listing Provided by:
Guillermo Gomez DRE #01501030 310561-3196,
The Realestate Group,
Ofelia Gomez DRE #00649312 310-798-2205,
The Realestate Group
Source: CRMLS,MLS#: SB25200294
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Appliances
- Included: Dryer, Washer
- Laundry: Common Area
Features
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,132
- Total interior livable area: 4,132 sqft
Property
Parking
- Total spaces: 5
- Parking features: Assigned, Driveway, Garage, Garage Faces Side
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,800 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 4155025030
- Zoning: RBR-3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $1,824,659
- Annual tax amount: $21,679
- Date on market: 9/5/2025
- Cumulative days on market: 89 days
- Listing terms: 1031 Exchange
- Inclusions: Coin-op washer and dryer
- Exclusions: Seller and tenant's personal property
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$6,260/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Listed for sale | $2,500,000$605/sqft |
Source:  CRMLS #SB25200294 Report a problem | ||
| 11/14/2025 | Pending sale | $2,500,000$605/sqft |
Source: CRMLS #SB25200294 Report a problem | ||
| 9/5/2025 | Price change | $2,500,000-7.4%$605/sqft |
Source: CRMLS #SB25200294 Report a problem | ||
| 11/18/2024 | Listed for sale | $2,700,000+125.2%$653/sqft |
Source: CRMLS #SB24235648 Report a problem | ||
| 4/27/2006 | Sold | $1,199,000$290/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,652 +4.5% | $1,824,659 +2% |
| 2024 | $21,679 +1.8% | $1,788,884 +2% |
| 2023 | $21,291 +1.3% | $1,753,811 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$15,852/mo
Principal & interest
$12560
Property taxes
$2417
Home insurance
$875
Climate risks
Neighborhood: 90278
Nearby schools
GreatSchools rating
- 7/10Madison Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Adams Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Redondo Union High SchoolGrades: 9-12Distance: 2.1 mi
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