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$2,195,000   Price Analysis
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1316 Amethyst St
Redondo Beach, CA 90277
8 bed 7 bath 4,186 SqFt ($524/SqFt)
5,608SqFt lot. Built 1963
Listed 2023-12-07, Taxes $7,779
Ⓧ USDA Ineligible
due to price & location

near Redondo Beach

Great potential for this fourplex located at 1316 Amethyst St.

This prime income producing property is located East of the Redondo Beach Harbor. Walking distance to shops and restaura nts. One 4BR-2Bath unit, Two 2BR-1.5bath units and One 1BR-1Bath unit.

All electric with separate meters, common on-site laundry and 4 One car garages. Possible ADU opportunity. Buyer to cooperate with Seller's 1031. This listing can be sold with 1302 Amthyst PW23221549


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

Property MLS #PW23221549 from CRMLS

Bedrooms: 8

Built-in Features
Flooring: Carpet

Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Disposal
Appliances YN: Yes
Laundry Features: Community

Full Bathrooms: 7

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

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.128742
Lot Size Dimensions: 40 x 140
Lot Size Source: Assessor
Lot Size Square Feet: 5608

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Garage
Parking Total: 4

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: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
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: 3
Tenant Pays: Electricity
Rent Control: Yes

Community Features: Dog Park, Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.25
Source Property Type: Residential Income
Insurance Expense: 2300.00
Area: 155 - S Redondo Bch N of Torrance Bl
Source Neighborhood: 155 - S Redondo Bch N of Torrance Bl
New Taxes Expense: 25200.00
Number of Separate Electric Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 7502015036
Postal Code Plus 4: 2417
Trash Expense: 900.00
Zoning: RBRMD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$376,158 + $225,690
$601,848
$7,779
2021$368,783 + $221,265
$590,048
$7,753
2020$365,002 + $218,997
$583,999
$7,759
2019$357,846 + $214,703
$572,549
$7,615
2018$350,830 + $210,494
$561,324
$7,384
2017$343,951 + $206,367
$550,318
$7,282
2016$337,207 + $202,321
$539,528
$7,128
2015$332,142 + $199,282
$531,424
$7,008
2014$325,636 + $195,379
$521,015
$6,947
2013$324,165 + $194,496
$518,661
$6,809
2012$317,809 + $190,683
$508,492
$6,567
2010$311,578 + $186,945
$498,523
$6,257
2009$309,985 + $185,989
$495,974
$6,147
2009$309,250 + $185,548
$494,798
$6,147
2008$303,907 + $182,343
$486,250
$5,990
2007$297,949 + $178,768
$476,717
$5,701

Listed 2023-12-07
$2,195,000
CRMLS
Sold 1998-01-29
$400,000
Public Record

Net Operating Income: 71355.00

Total Square Feet Living: 4186
Year Built: 1963
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front Door
Property Age: 61
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: 220 Volts in Kitchen, Standard
Electric Expense: 1800.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1750.00
Cable Available
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 0.7 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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garagekitchenbathroom

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.