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$2,650,000   Price Analysis
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1207 Beryl St
Redondo Beach, CA 90277
10 bed 9 bath 4,632 SqFt ($572/SqFt)
5,108SqFt lot. Built 1963
Listed 2024-02-20, Taxes $22,227
Ⓧ USDA Ineligible
due to price & location

near Redondo Beach

Presenting 1207 Beryl St

Redondo Beach. This property is now offered at an exceptional return of 5.15%, stting it apart as the 5+ CAP that is turnkey and this close to the ocean! Dont miss out, as this property will not last. 1207 consists of 4 beautifully renovated units located east of King Harbor in South Redondo Beach. The unit mix includes a 4-bed 3-bath townhouse unit, perfect for an owner/user, a 2-bed 2-bath and two 2-bed 1.5 bath units. This building is the perfect addition for an owner-user or cash-flow seeking investor!

The Property has gone through a substantial, turn-key renovation. 1207 has received roofing upgrades, designer paint scheme and lighting package, new window systems and an enhanced courtyard shared by the tenants. Inside each unit, you will find new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring, modern baseboards, a washer/dryer and a new stainless steel appliance package inclusive of a dishwasher. All units come with private garage parking and a storage cabinet.


Presented by Austin Zahn at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24035242 from CRMLS

Bedrooms: 10

Laundry Features: Inside

Full Bathrooms: 9

Lot Description: Rectangular Lot
Lot Size Acres: 0.1172635
Lot Size Source: Assessor
Lot Size Square Feet: 5108

Garage Spaces: 4
Parking Total: 4

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

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 4400.00
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: 7502010066
Postal Code Plus 4: 2432
Trash Expense: 500.00
Zoning: RBRMD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$582,420 + $1,326,000
$1,908,420
$22,227
2021$571,000 + $1,300,000
$1,871,000
$21,845
2020$312,682 + $227,394
$540,076
$7,295
2019$306,551 + $222,936
$529,487
$7,162
2018$300,541 + $218,565
$519,106
$6,946
2017$294,649 + $214,280
$508,929
$6,851
2016$288,872 + $210,079
$498,951
$6,697
2015$284,533 + $206,924
$491,457
$6,586
2014$278,960 + $202,871
$481,831
$6,530
2013$277,700 + $201,955
$479,655
$6,397
2012$272,255 + $197,996
$470,251
$6,167
2010$266,917 + $194,114
$461,031
$5,872
2009$265,553 + $193,122
$458,675
$5,766
2009$264,923 + $192,664
$457,587
$5,766
2008$260,347 + $189,336
$449,683
$5,618
2007$255,243 + $185,624
$440,867
$5,341

Price Changed 2024-05-10
$2,650,000
CRMLS
Price Changed 2024-03-29
$2,700,000
CRMLS
Listed 2024-02-20
$2,750,000
CRMLS
Sold 2020-10-14
$1,870,750
CRMLS
Sold 1980-02-13
$81,000
Public Record

Net Operating Income: 136506.00

Total Square Feet Living: 4632
Year Built: 1963
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Electric Expense: 500.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 500.00
Water Source: Public

Beryl Heights Elementary School is a public elementary school located approximately 0.2 miles away.
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Redondo Union High School is a public high school located approximately 0.7 miles away.
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Parras (Nick G.) Middle School is a public middle school located approximately 0.7 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.