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$4,450,000   Price Analysis
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1311 Amethyst St
Redondo Beach, CA 90277
19 bed 17 bath 8,720 SqFt ($510/SqFt)
0.26 acre lot. Built 1963
Listed 2024-05-29, Taxes $17,335
Ⓧ USDA Ineligible
due to price & location

near Redondo Beach

Great potential for th is 9-unit property located at 1311 Amethyst St.

This prime income producing property is located East of the Redondo Beach Harbor. Walking distance to shops and restaurants.

All lectric with separate meters, common on-site laundry and 9 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 #PW24100463 from CRMLS

Bedrooms: 19

Appliances: Built-In Range, Dishwasher, Disposal
Appliances YN: Yes
Laundry Features: Community

Full Bathrooms: 17

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

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.2574
Lot Size Source: Assessor
Lot Size Square Feet: 11213

Garage Spaces: 9
Parking Total: 9

Number of Units: 9
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 2
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 1
Unit-9 Garage Spaces: 1

Number of Units Leased: 8
Tenant Pays: Electricity
Vacancy Allowance: 6313
Rent Control: Yes

Community Features: Dog Park

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.18
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: 10
Number of Separate Water Meters: 1
Parcel Number: 7502014060
Postal Code Plus 4: 2413
Zoning: RBRMD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$818,051 + $499,802
$1,317,853
$17,335
2021$802,011 + $490,002
$1,292,013
$17,295
2020$793,788 + $484,978
$1,278,766
$17,310
2019$778,224 + $475,469
$1,253,693
$16,994
2018$762,965 + $466,147
$1,229,112
$16,519
2017$748,005 + $457,007
$1,205,012
$16,249
2016$733,339 + $448,047
$1,181,386
$15,918
2015$722,324 + $441,317
$1,163,641
$15,656
2014$708,175 + $432,673
$1,140,848
$15,520
2013$704,975 + $430,718
$1,135,693
$15,212
2012$691,152 + $422,273
$1,113,425
$14,676
2010$677,600 + $413,994
$1,091,594
$13,890
2009$674,134 + $411,877
$1,086,011
$13,656
2009$672,536 + $410,900
$1,083,436
$13,656
2008$660,916 + $403,801
$1,064,717
$13,311
2007$647,957 + $395,884
$1,043,841
$12,678

Listed 2024-05-29
$4,450,000
CRMLS
Sold 1983-09-30
$1,035,010
Public Record
Sold 1980-01-01
$465,000
Public Record

Net Operating Income: 142875.00

Total Square Feet Living: 8720
Year Built: 1963
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: ground
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor

Electric: 220 Volts in Kitchen
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Electricity Connected
Phone Connected
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.