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1307 Amethyst Street

Redondo Beach, CA 90277
  • $2,195,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: PW24021880
UPDATED: 31 min ago
$2,195,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): J. Steven Warshauer of Coldwell Banker Commercial (562-495-6070) and George Bustamante of ()


Description

4 BUILDING PORTFOLIO: MUST BE SOLD WITH 1303, 1305 & 1307 Amethyst.Great potential for this fourplex located at 1301Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. One 4BR-1.75 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T07:37:01.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147184351
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1307 Amethyst Street Redondo Beach, CA 90277

  • Price: $2,195,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 31 min ago
  • ID#: PW24021880
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1963
Built
Neighborhood:
155 - S Redondo Bch N of Torrance Bl
County:
Los Angeles
Area:
155 - S Redondo Bch N of Torrance Bl
Property Description
4 BUILDING PORTFOLIO: MUST BE SOLD WITH 1303, 1305 & 1307 Amethyst.Great potential for this fourplex located at 1301Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. One 4BR-1.75 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.
Exterior Features

Entry Level 1 Entry Location 1 Fencing None Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Features Assigned Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherElectric OvenElectric RangeElectric Water HeaterDisposal Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Electric Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 2.98 Common Interest None Community Features Dog Park Contingency Must be sold with 13011303 & 1305 Amethyst.Seller to complete a 1031 exchange. Current Financing None Electric 220 Volts in Kitchen Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 94100 Gross Scheduled Income 93600 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 65520 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Operating Expense 28080 Possession Close Of Escrow Property Condition Fixer Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 93600 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedPhone ConnectedSewer Connected Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning RBRMD



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T07:37:01.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): J. Steven Warshauer of Coldwell Banker Commercial (562-495-6070) and George Bustamante of ()