1321 Amethyst Street Redondo Beach, CA ^$ 2,195,000

1321 Amethyst Street

^$ 2,195,000

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1321 Amethyst Street

Redondo Beach, CA, 90277

^$ 2,195,000

Bedrooms8 Baths5.1 Sq 4,170

Monthly Estimate*

^$ 14,589

Listed by Coldwell Banker Commercial

1321 Amethyst Street, Redondo Beach, CA 90277 - Image 1

Multi-Family Home for sale in Redondo Beach, CA

for $2,195,000 with 8 bedrooms and 5 full baths, 1 half bath. This 4,170 square foot home was built in 1963 on a lot size of 0.1288.

2 BUILDING PORTFOLIO: MUST BE SOLD WITH 1319 Amethyst. Great potential for this fourplex located at 1321 Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. One 3BR-2.5 Bath unit, Two 2BR-1.75 bath units and One 1BR-1Bath unit. All electric with separate meters, common on-site laundry & 5 car parking. Possible ADU opportunity. Buyer to cooperate with Seller's 1031.

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1288

Year Built

1963

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

PW24032289

Days on Market

104

Features

General

Sewer PublicSewer SewerTapPaid

Heating Electric Radiant

Cooling None

Utilities CableAvailable ElectricityConnected PhoneAvailable SewerConnected WaterConnected

Possession CloseOfEscrow

Appliances Dishwasher ElectricCooktop ElectricRange Disposal

Zoning RBRMD

HOA 0.0

Garage Spaces 5.0

Pool Features None

Year Built 1963

Electric Item220VoltsinKitchen

Tenant Pays Electricity

Property SubType Quadruplex

Gross Income 99600.0

Community Features Curbs Sidewalks

County Los Angeles

Net Operating Income 64272.0

Operating Expense 32340.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Must be sold with 1319 Amethyst.

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of Beryl North of 190th

City Redondo Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 155 - S Redondo Bch N of Torrance Bl

Lot Size Square Feet 5609.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Amethyst

Listing Terms Cash CashtoNewLoan Item1031Exchange

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Current Financing None

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 99

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 26

Total Actual Rent 8300.0

Property Sub Type Additional Quadruplex

Cap Rate 2.93

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 5.0

Lot Size Area 5609.0

Number of Buildings 1

Spa N

Building Area Total 4170.0

Lot Size Acres 0.1288

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 0

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features LivingRoom

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N Y

Street Suffix Street

Laundry Features WasherHookup ElectricDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1321

* Excluded Features

List By

Coldwell Banker Commercial

Broker

(562) 495-6070

Phone

Affordability Calculator

$14,589

Per Month

Monthly Principal & Interest: $14,589
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Redondo Beach, CA

Average List Price ^$2,449,176

Percent of Sale Price 12%

About Redondo Beach, CA

66,933 Population

6% Since 2002

^$107,834 Median Income

42.31 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$2,195,000		Listed Price

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1321 Amethyst Street, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $2,195,000 with 4,170 sqft and a lot size of 0.1288. 1321 Amethyst Street has 8 bedrooms, 5.1 baths, and was built in 1963. The property's zip code is 90277 which is in Redondo Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. 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.

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1321 Amethyst Street

Multi-Family Home for sale in Redondo Beach, CA

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