1324 Amethyst Street
Redondo Beach, California CA 90277-2424
$1,950,000 Price
4,170 SqFt
0.126 Acres
SB18287413 Listing ID
1324 Amethyst St is a 4-unit building for sale in Redondo Beach. This 4,378 SF building was built in 1963 and is centrally located near restaurants, shops, and the beach. Situated on a 5,490 SF lot, this property features five (5) garages and a desirable unit mix consisting of one (1) 3- bed/2.5-bath, two (2) 2-bed/2-bath, and one (1) 1-bed/1-bath unit. The property contains all copper plumbing, as well as a new flat roof (2016), deck (2018), and fence. The building was also recently painted and landscaped with drought-resistant material (water efficient drip system). Additionally, Unit A has been partially remodeled with granite countertops and a new stove. Given the great location and high upside in market rent potential (over 50% increase in potential rent), this property is an excellent opportunity for any investor looking to acquire prime Redondo Beach real estate. *Buyer to verify all renovations.
Schedule Showing Virtual Tour
Status Active
County Los Angeles
Year Built 1963
Property Type Residential Income
Residential Income

Primary Features

County: Los Angeles
Lot Features: Front Yard, Landscaped, Yard
MLS Area Major: 155 - S Redondo Bch N of Torrance Bl
Special Listing Conditions: Standard
Year Built: 1963
Zoning: RBRMD

Additional

Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting
Land Lease: no
Laundry Features: None
Laundry: no
Lot Size Source: Assessor
Lot Size Units: Square Feet
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Total: 4
Other Expense Description: Utility
Property Attached: no
Senior Community: no
Tax Block: 17
Tax Lot: 13
Tax Tract Number: 10019
Vacancy Allowance: 2228
Water Source: Public
Year Built Source: Assessor

Interior Features

Common Walls: No Common Walls
Garage Spaces: 5

Financial Details

Gross Income: 74280
Gross Scheduled Income: 74280
Insurance Expense: 1460
Maintenance Expense: 6780
Net Operating Income: 36650
New Taxes Expense: 22761
Operating Expense: 35401
Other Expense: 3200
Rent Control: no
Total Expenses: 35401

External Features

Lot Size Area: 5490
Lot Size Square Feet: 5490
Number Of Buildings: 1
Parking Total: 7
Pool Features: None
Private Pool: no
Sewer: Public Sewer

Location Information

Country: US

Zoning Info


© 2019. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Listing courtesy of Brett Lyon from Lyon Stahl Investment Real Estate, Inc. . Last updated Friday, January 18th, 2019.

Contact - Listing ID SB18287413

Alison Clay-Duboff

1040 Manhattan Beach Blvd
Manhattan Beach, CA 90266
Phone: 310-200-3037
Fax: 310-265-6050

Data services provided by IDX Broker
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