1235 Amethyst Street

Redondo Beach, CA 90277

$2,250,000
Price
8
Beds
8
Baths
4,170 Sq. Ft.
$540 / Sq. Ft.
4,170
Sq. Ft.
$540
per Sq. Ft.

Description

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,...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.
  1. Listed by Mark Tuccinardi • DRE #00714279 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty • 310-546-7611

Property Details for 1235 Amethyst Street

Parking Spaces Total
7
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4170
Assessor Parcel Number
7502-011-080
Property Attached YN
true
LISTING UPDATED: 10/04/2024 12:14 PM

Property Details for 1235 Amethyst Street

StatusActive
MLS #SB24076735
Days on Market99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.12 AC / 5,411 SF
CountyLos Angeles County

Building Information for 1235 Amethyst Street

Stories2Residences-Year Built1963Building Size-Lot Size0.12 AC / 5,411 SF

Property Information for 1235 Amethyst Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $107,520
  • Gross Scheduled Income: $107,520
  • Gross Operating Income: $107,520
  • Net Operating Income: $74,754
  • Cap Rate: 3.3
Expense Details
  • Operating Expense: $32,766
  • New Taxes Expense: $27,500
  • Fuel Expense: $0
  • Electric Expense: $132
  • Insurance Expense: $2,098
  • Trash Expense: $1,392
  • Water Sewer Expense: $1,644
  • Total Expenses: $32,766
Tax / Assessment Info
  • Tax Block: 14
  • Tax Tract Number: 10019
  • Tax Census Tract: 6212.01
  • CFD/Mello-Roos Fee: $1,152
  • Tax Lot: 40
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Roof: Composition
  • Entry Location: Street
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: Vinyl
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,393
  • Unit Type Total Rent: $2,393
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $2,067
  • Unit Type Total Rent: $2,067
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 4

Property History for 1235 Amethyst Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1235 Amethyst Street

Taxable ValueLand$1,400,000Additions$720,000Total$2,120,000
Tax Record2024$24,398 ($2,033 / month)
Home Facts
Total Finished SqFt4,170 SqFtAbove Grade Finished SqFt4,170 SqFtLot Size5,411 SqFtStyleQuadraplexYear Built1963ZoningRBRMDCountyLOS ANGELESAPN7502-011-080

Schools near 1235 Amethyst Street

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Beryl Heights Elementary School
PublicK to 5

Parras (Nick G.) Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1235 Amethyst Street is a multi-family home for sale in Redondo Beach, CA 90277. This property was listed for sale on June 27, 2024 by Vista Sotheby’s International Realty, it's currently listed at $2,250,000. This listing's school district is Redondo Beach Unified School District. Nearby schools include Beryl Heights Elementary School, Parras (Nick G.) Middle School and Redondo Union High School. 1235 Amethyst Street is a 8-bed, 8-bath, 4,170 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Mark Tuccinardi, DRE #00714279

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.