Sold for $2,112,000

Street View

Listing Provided by: eXp Realty of California Inc

Bought with: Allison James Estates & Homes

$2,112,000

1206 Amethyst St, Redondo Beach, CA 90277

9beds

9baths

4,442sqft

Quadruplex

Built in 1963

-- sqft lot

$2,228,600 Zestimate^®

$475/sqft

$4,093 Estimated rent

Home value

$2,228,600

$1.94M - $2.59M

$4,093/mo

Zestimate^® history

Owner options

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$4,093/mo

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$4,093/mo

Rent Zestimate^®

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$13,487/mo

Est. payment

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$13,487/mo

Est. payment

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What's special

Playground equipmentFront yardBaseball diamondsComplementary shopsHuge parkCoin-op laundry roomSide patio

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 9

Heating

Radiant

Cooling

None

Appliances

Included: Dishwasher, Electric Cooktop, Refrigerator, Water Heater, Dryer, Washer
Laundry: Common Area, Inside, Laundry Room

Features

Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,442
Total interior livable area: 4,442 sqft

Property

Parking

Total spaces: 7
Parking features: Garage
Garage spaces: 5

Features

Levels: Two
Stories: 2
Entry location: Front door
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 5,491 sqft
Features: Front Yard, Lawn

Details

Parcel number: 7502010051
Zoning: RBRMD
Special conditions: Standard,Trust

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Community & neighborhood

Community

Community features: Curbs, Street Lights, Suburban, Sidewalks

Location

Region: Redondo Beach

HOA & financial

Other financial information

Total actual rent: 90900

Other

Other facts

Listing terms: Cash to New Loan
Road surface type: Paved

Price history

Date	Event	Price
10/13/2023	Sold	$2,112,000-1.8%$475/sqft
Source: CRMLS #SB23161513 Report a problem
10/11/2023	Pending sale	$2,150,000$484/sqft
Source: CRMLS #SB23161513 Report a problem
9/12/2023	Contingent	$2,150,000$484/sqft
Source: CRMLS #SB23161513 Report a problem
9/7/2023	Listed for sale	$2,150,000$484/sqft
Source: CRMLS #SB23161513 Report a problem