Listed by Gianluca Jacoli, Shield CRE, Inc.,

1223 Amethyst Street

Redondo Beach, CA, 90277

$2,475,000

$593 per ft²
$2,475,000
$593 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
7 Baths
carpenters-square
4,170 ft²
property_type
Multi-family
calendar
Built 1963
Highly Desirable South Redondo Beach Location | Less Than 1 Mile from the Pacific Ocean, King Harbor & Redondo Beach Pier | Great Unit Mix of (One) 3-Bed/2-Bath Unit, (Two) 2-Bed/2-Bath Units & (One) 1-Bed/1-Bath Unit | No Local Rent Control Defaults to AB 1482 | 4,170 Square Feet of Living Space on 5,416 Square Foot Lot | Some Units Remodeled & Total of 5 Garage Spaces | Approximately 12% in Rental Upside - 3.59% Pro-Forma CAP Rate & 18.71 Pro-Forma GRM | 3.02% Current CAP Rate & 21.00 Current GRM | Minimal Utility and Common Area Expenses | Qualifies for Residential Financing | Perfect Owner User Opportunity
MLS® ID:
22201615
Listed:
9/19/22
Updated:
9/29/22

Interior Features

Total Bedrooms
8
Total Bathrooms
7

Exterior/Building Features

Lot Size
5,416 ft² lot

Other Property Details

Area Name
155 - S Redondo Bch N of Torrance Bl
Garage
Yes
Garage Spaces
5
Parking
Garage
Parking Total
5.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
RBRMD

 

Listed by Gianluca Jacoli, Shield CRE, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/29/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:37 PM UTC, 9/29/22

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