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$2,195,000   Price Analysis
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1303 Amethyst St
Redondo Beach, CA 90277
9 bed 7 bath 4,186 SqFt ($524/SqFt)
5,511SqFt lot. Built 1963
Listed 2024-02-01, Taxes $7,536
Ⓧ USDA Ineligible
due to price & location

near Redondo Beach

4 BUILDING PORTFOLIO: MUST BE SOLD WITH 1303

1305 and 1307 Amethyst. Great potntial for this fourplex located at 1301Amet hyst St. This prime income producing property is located East of the Redondo Beach Harbor. Walking distance to shops and restaurants.

One 4BR-2Bath unit, Two 2BR-1.5bath 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 #PW24021431 from CRMLS

Bedrooms: 9

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

Full Bathrooms: 7

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

Lot Description: 0-1 Unit/Acre, Sprinklers In Front
Lot Size Acres: 0.1265152
Lot Size Source: Assessor
Lot Size Square Feet: 5511

Garage Spaces: 5
Parking Total: 5

Road Surface Type: Paved

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

Number of Units Leased: 4
Tenant Pays: Electricity

Community Features: Dog Park, Gutters, Sidewalks

Source Listing Status: Active
County: Los Angeles
Cap Rate: 2.69
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: 7502014046
Postal Code Plus 4: 2406
Zoning: RBRMD
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$210,642 + $368,634
$579,276
$7,536
2021$206,512 + $361,406
$567,918
$7,516
2020$204,395 + $357,701
$562,096
$7,522
2019$200,388 + $350,688
$551,076
$7,383
2018$196,459 + $343,812
$540,271
$7,150
2017$192,607 + $337,071
$529,678
$7,052
2016$188,831 + $330,462
$519,293
$6,901
2015$185,995 + $325,499
$511,494
$6,786
2014$182,352 + $319,123
$501,475
$6,727
2013$181,528 + $317,681
$499,209
$6,592
2012$177,969 + $311,452
$489,421
$6,356
2010$174,480 + $305,346
$479,826
$6,053
2009$173,588 + $303,784
$477,372
$5,946
2009$173,176 + $303,064
$476,240
$5,946
2008$170,185 + $297,828
$468,013
$5,794
2007$166,849 + $291,989
$458,838
$5,513

Listed 2024-02-01
$2,195,000
CRMLS
Sold 1997-08-29
$385,000
Public Record
Sold 1980-01-15
$167,500
Public Record

Net Operating Income: 59220.00

Total Square Feet Living: 4186
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, Water Sewer Expense: 0.00
Cable Available
Electricity Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public

Beryl Heights Elementary School is a public elementary school located approximately 0.3 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.