3304 Gibson Place
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | Listed by Compass | $2,395,000 | |
| Listed by Compass | |||
| | |||
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Welcome to 3304 Gibson Pl, a beautifully remodeled 3 bed 2 bath home with an ADU in the highly sought-after TRW Tract of Redondo Beach. The 1,325 sq. ft. main house has been taken down to the studs and fully renovated with high-end finishes, modern conveniences, and an open-concept design that seamlessly blends style and functionality. This property also boasts a brand-new, nearly 1,000 sq. ft. ADU, featuring 2 bedrooms and 2 bathrooms with 10 ft. high ceilings perfect for extended family, rental income, or a private guest retreat. Situated on a 7,000 sq. ft. lot, this home offers ample outdoor space for entertaining, gardening, or simply enjoying the coastal breeze. Nestled in a prime location with tree-lined streets and easy access to top-rated schools, parks, shopping, and freeways, this is an exceptional opportunity to own a turn-key home with a versatile ADU in one of Redondo Beach's most desirable neighborhoods. This property is truly one of a kind, do not miss your chance to call it your own!
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| Feb 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | No longer available | - | |
| No longer available | |||
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About North Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017