1235 Amethyst ST Redondo Beach, CA 90277
Active
$2,250,000
2%
4 Units
8 Beds
8 Baths
4,170 Area(sq.ft.)
5,411 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | $ 2,930 | $ 2,930 | $ 3,500 |
| Unit 2 | 1 | 2 | 2 | No | $ 1,950 | $ 1,950 | $ 3,200 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,393 | $ 2,393 | $ 3,200 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,067 | $ 2,067 | $ 2,500 |
| 4 | 4 | 8 | 8 | $ 9,340 | $ 9,340 | $ 12,400 |
| MLS #: | SB24076735MR |
| Days On Market: | 111 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 540 |
| Price per unit: | $ 562,500 |
| Year Built: | 1963 |
Property Details
This beautifully refreshed four-unit property is an attractive option for both cash-flow investors and owner users. Front owners Unit A: 3 bedrooms, 2.5 bathrooms, two-story with double garage. Rear Building: (1) - 2 bedroom/2 bath, (1) - 2 bedroom/1.75 bath, (1) - 1 bedroom/1 bath, with three single garages. **Upgrades have been completed for an admitted California insurance carrier policy! New electrical sub-panels in all units, new water heater safety upgrades, freshly paint, new vinyl fencing, new garage doors and motors, new artificial turf, new rebuilt balcony walkway and roofing upgrades. Significant rental upside potential due to month-to-month leases and desirable location. Conveniently located minutes from King Harbor, restaurants, entertainment, shopping, seafood markets, whale watching, etc. One block from Redondo Village Center with a Von s market, hospitality and retail. This property is an excellent opportunity for an investor or for an owner seeking a residence with additional rental units to offset costs. Its proximity to local attractions and amenities enhances its appeal and potential for future value appreciation.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 107,520 |
| Total Annual Expense: | $ 35,963 |
| Net Operating Income: | $ 76,117 |
| Cap Rate: | 3.4% |
| Actual Gross Rent: | $ 103,200 |
Structure
| Community Features: | Curbs, Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | RBRMD |
| Land Lease Type: | Fee |
Interior
| Laundry: | Garage |
Exterior
| Pool: | No |
| Roof: | Composition |
Detailed Map
Schools
Find a great school for your child
Income
