Redondo Beach, CA 90277 1321 Amethyst Street

$2,195,000

Presented By: J. Steven Warshauer with Coldwell Banker Commercial; 562-397-9520

MLS# PW24032289
02/15/2024

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Beds • 8
Full/Half Baths • 5 / 1
SQFT • 4,170
Garage • 5

Home Details

2 BUILDING PORTFOLIO: MUST BE SOLD WITH 1319 Amethyst. Great potential for this fourplex located at 1321 Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. One 3BR-2.5 Bath unit, Two 2BR-1.75 bath units and One 1BR-1Bath unit. All electric with separate meters, common on-site laundry & 5 car parking. Possible ADU opportunity. Buyer to cooperate with Seller's 1031.

Presented By: J. Steven Warshauer with Coldwell Banker Commercial; 562-397-9520

Interior Features for 1321 Amethyst Street

Other Interior Features

Air Conditioning Y/NNo

Basement (Y/N)No

Common WallsItem1CommonWall

Electric On Property Y/NNo

Fireplace FeaturesLivingRoom

Fireplace Y/NYes

Heating Y/NYes

Laundry FeaturesWasherHookup, ElectricDryerHookup

Street SuffixStreet

Total Stories2

Other Rooms

Entry Level1

General for 1321 Amethyst Street

Additional Parcels Y/NNo

AppliancesDishwasher, ElectricCooktop, ElectricRange, Disposal

Attached Garage No

Building Area UnitsSquareFeet

Cap Rate2.93

Carport Y/NNo

CityRedondo Beach

Community FeaturesCurbs, Sidewalks

ContingencyMust be sold with 1319 Amethyst.

CoolingNone

CountyLos Angeles

Current FinancingNone

Days on Market69

DirectionsSouth of Beryl, North of 190th

ElectricItem220VoltsinKitchen

Electric Expense0.0

Entry Location1

Fuel Expense0.0

Garage Spaces5.0

Garage Y/NYes

Gross Income99600.0

HOA0.0

HOA / Comm AssnNo

HeatingElectric, Radiant

Home Warranty Y/NNo

Insurance Expense0.0

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

Listing TermsCash, CashtoNewLoan, Item1031Exchange

Lot Size Square Feet5609.0

MLS Area155 - S Redondo Bch N of Torrance Bl

MobileHomeRemainsYNNo

Net Operating Income64272.0

New ConstructionNo

Number of Units Leased4

Operating Expense32340.0

Pool FeaturesNone

PossessionCloseOfEscrow

Private PoolNo

Property Attached Y/NYes

Property Sub Type AdditionalQuadruplex

Property SubTypeQuadruplex

Property TypeResidentialIncome

Rent Control Y/NYes

Senior Community Y/NNo

SewerPublicSewer, SewerTapPaid

Spa FeaturesNone

Special Listing ConditionsStandard

Standard StatusActive

StatusActive

Street NameAmethyst

Tax Lot26

Tenant PaysElectricity

Total Actual Rent8300.0

Total Units4

Trash Expense0.0

UtilitiesCableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, WaterConnected

View Y/NNo

Water Sewer Expense0.0

Waterfront Y/NNo

Year Built1963

Year Built SourceAssessor

ZoningRBRMD

Exterior for 1321 Amethyst Street

Building Area Total4170.0

Crops Included Y/NNo

Horse Y/NNo

Irrigation Water Rights Y/NNo

Lot FeaturesItem01UnitAcre

Lot Size Acres0.1288

Lot Size Area5609.0

Lot Size SourceAssessor

Lot Size UnitsSquareFeet

Number of Buildings1

Number of Separate Electric Meters5

Number of Separate Gas Meters0

Number of Separate Water Meters1

Open Parking Y/NNo

SpaNo

Total Parking5.0

Water SourcePublic

Additional Details

Price History

First Team Client Services

Price $2,195,000

MLS#PW24032289

List Date 02/15/2024

Property Type Multi-Family

Phone 714.964.3311

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