Redondo Beach, CA 90277 1235 Amethyst Street
$2,250,000
14 more
Presented By: Mark Tuccinardi with Vista Sotheby’s International Realty; 310-546-7611
Home 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.
Presented By: Mark Tuccinardi with Vista Sotheby’s International Realty; 310-546-7611
Interior Features for 1235 Amethyst Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInGarage
Total Stories2
Other Rooms
Entry Level1
General for 1235 Amethyst Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.3
Carport Y/NNo
CityRedondo Beach
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks
CountyLos Angeles
Days on Market35
DirectionsPCH to 190th St East, South on Harkness, West on Amethyst
Electric Expense132.0
Entry LocationStreet
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income107520.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2098.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5411.0
Lot Size UnitsSquareFeet
MLS Area155 - S Redondo Bch N of Torrance Bl
MobileHomeRemainsYNNo
Net Operating Income74754.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense32766.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Tax Lot40
Taxes$27,500
Tenant PaysAllUtilities, Telephone
TermsCashtoNewLoan
Total Actual Rent103200.0
Trash Expense1392.0
View Y/NNo
Water Sewer Expense1644.0
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningRBRMD
Exterior for 1235 Amethyst Street
Building Area Total4170.0
Crops Included Y/NNo
FencingVinyl
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1242
Lot Size Area5411.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters0
Number of Separate Water Meters4
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480