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$2,195,000   Price Analysis
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1321 Amethyst St
Redondo Beach, CA 90277
8 bed 8 bath 4,170 SqFt ($526/SqFt)
5,609SqFt lot. Built 1963
Listed 2024-02-15, Taxes $7,802
Ⓧ USDA Ineligible
due to price & location

near Clifton

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 East of the Redondo Beach Harbor. Walking distance to shops and restaurants.

One 3BR-2.5 Bath unt, Two 2BR-1. 75 bath units and One 1BR-1Bath unit. All electric with separate meters, common on-site laundry and 5 car parking. Possible ADU opportunity. Buyer to cooperate with Seller's 1031.


Presented by First Team Real Estate at
Coldwell Banker Commercial.
Listing Agent Photo

Property MLS #PW24032289 from CRMLS

Bedrooms: 8

Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal
Appliances YN: Yes
Laundry Features: Electric Dryer Hookup, Washer Hookup

Full Bathrooms: 8

Fireplace Features: Living Room
Heating Features: Electric, Radiant
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1287649
Lot Size Source: Assessor
Lot Size Square Feet: 5609

Garage Spaces: 5
Parking Total: 5

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 4
Tenant Pays: Electricity
Vacancy Allowance: 2988
Rent Control: Yes

Community Features: Curbs, Sidewalks

Source Listing Status: Active
County: Los Angeles
Cap Rate: 2.93
Source Property Type: Residential Income
Area: 155 - S Redondo Bch N of Torrance Bl
Source Neighborhood: 155 - S Redondo Bch N of Torrance Bl
Number of Separate Electric Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 7502014055
Postal Code Plus 4: 2421
Zoning: RBRMD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$380,131 + $223,245
$603,376
$7,802
2021$372,678 + $218,868
$591,546
$7,776
2020$368,857 + $216,624
$585,481
$7,782
2019$361,625 + $212,377
$574,002
$7,638
2018$354,535 + $208,213
$562,748
$7,399
2017$347,584 + $204,131
$551,715
$7,297
2016$340,769 + $200,129
$540,898
$7,143
2015$335,651 + $197,123
$532,774
$7,023
2014$329,077 + $193,262
$522,339
$6,961
2013$327,590 + $192,389
$519,979
$6,823
2012$321,167 + $188,617
$509,784
$6,581
2010$314,870 + $184,919
$499,789
$6,270
2009$313,260 + $183,974
$497,234
$6,160
2009$312,517 + $183,537
$496,054
$6,160
2008$307,118 + $180,367
$487,485
$6,002
2007$301,097 + $176,831
$477,928
$5,714

Listed 2024-02-15
$2,195,000
CRMLS
Sold 1982-01-27
$150,500
Public Record

Net Operating Income: 64272.00

Total Square Feet Living: 4170
Year Built: 1963
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: 220 Volts in Kitchen
Sewer: Sewer: Public Sewer, Sewer Paid, Water Sewer Expense: 0.00
Cable Available
Electricity Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public

Beryl Heights Elementary School is a public elementary school located approximately 0.4 miles away.
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Parras (Nick G.) Middle School is a public middle school located approximately 0.8 miles away.
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Redondo Union High School is a public high school located approximately 0.8 miles away.
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Our Lady Of Guadalupe Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.