Accepting Backup Offers

1206 Amethyst Street

Redondo Beach, CA 90277
Courtesy of eXp Realty of California Inc
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This South Redondo Beach residential 4-plex is located only blocks away from Beryl Heights Elementary, Vons grocery and its complementary shops, a huge park with playground equipment and baseball diamonds, a dog park, and the Sun, Surf, Sand & The Strand in Hermosa Beach! Unit mix: (1) 3-bed, 2.5 bath 2-story front unit; (2) 2-bed, 1.5 bath units; (1) 2-bed, 1.75 bath rear unit over the garages in the alley. 4,442 total interior sq ft. 5,491 sf lot. The "Owner's Unit" includes a front yard, in-unit laundry, a side patio with a pergola, a driveway that can fit a car and a trailer, and (2) 1-car garages. The remaining 3 units each have an assigned 1-car garage in the alley. There is a coin-op laundry room accessible to all tenants. All units are electric with radiant heat. Current gross income is 45% under market at $90,900/yr and 2.64% CAP. This is a value-add opportunity, with pro forma gross income of ~$162,000/yr and 5.94% CAP. See Supplements for Property Income Analysis.

  • Property Details
    • Property
      • View:None
      • Stories:2
      • Lot description:FrontYard, Lawn
    • Measurements
      • Acres:0.1261
    • Parking
      • Garage spaces:5
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1963
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableConnected, ElectricityConnected, PhoneConnected, SewerConnected, WaterConnected
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 150, 000
      • Buying Agency Compensation:2.500
  • Other
    • Source
      • MLS #:SB23161513


Gary ElminoufiReal Estate Group
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