1304 Amethyst Street, Redondo Beach, CA 90277
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1304 Amethyst Street,Redondo Beach, CA 90277
$2,249,000
- 9 Beds
- - Baths
- 4,260 sq. ft.
- Multi-family
- Active
Listed by: gianluca jacoli
Office: shield cre, inc.
MLS#:CL26742045
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,249,000
- Price per sq. ft.:$527.93
About this home
This well-located fourplex offers a premier investment opportunity in the highly sought-after South Redondo Beach market, situated approximately one mile from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property provides tenants with convenient access to an abundance of coastal dining, retail, and lifestyle amenities. The asset features an attractive unit mix of (1) 4-bed/1.75-bath front unit, (2) 2-bed/1.75-bath units, and (1) 1-bed/1-bath unit. One of the 2-bedroom/1.75-bath units will be delivered vacant, creating an ideal opportunity for an owner-user to occupy the unit or for an investor to immediately lease the unit at market rate. From an investment standpoint, the property offers a compelling financial profile with a 4.70% current cap rate and 14.83 GRM, along with significant upside to a 6.02% pro-forma cap rate and 12.35 GRM. The vacant 2-bedroom unit provides an immediate opportunity to capture market rent and accelerate the property's path toward its pro-forma returns. Not subject to local rent control (AB 1482 only), the asset allows for consistent and favorable rent growth. The all-electric configuration eliminates gas expenses and supports an efficient operating structure with minimal expenses. Additional features include five garage spaces, providing ample parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. Furthermore, the asset qualifies for residential financing, expanding buyers' financing options and providing access to potentially more attractive loan terms....
Contact an agent
Home facts
- Year built:1963
- Listing ID #:CL26742045
- Added:195 day(s) ago
- Updated:October 29, 2026 at 03:22 PM
Rooms and interior
- Bedrooms:9
- Living area:4,260 sq. ft.
Structure and exterior
- Year built:1963
- Building area:4,260 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$2,249,000
- Price per sq. ft.:$527.93
New listings near 1304 Amethyst Street
- Coming Soon
$1,825,000Coming Soon4 beds 3 baths2,602 sq. ft.2405 Voorhees #B, Redondo Beach, CA 90278
MLS# SB26225883Listed by: CHRIS BROADHURST - Coming Soon
$2,249,000Coming Soon2 beds 3 baths1,924 sq. ft.139 Paseo De Las Delicias, Redondo Beach, CA 90277
MLS# 26999577Listed by: ESTATE PROPERTIES - Open Thu, 12 to 2pmNew
$1,899,000Active3 beds 3 baths2,479 sq. ft.1050 Avenue D, Redondo Beach, CA 90277
MLS# SB26232198Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,725,000Active4 beds -- baths1,700 sq. ft.506 N Guadalupe Avenue, Redondo Beach, CA 90277
MLS# SB26225980Listed by: DOMO REAL ESTATE - Open Thu, 12 to 2pmNew
$1,375,000Active2 beds 2 baths1,924 sq. ft.512 Esplanade, Redondo Beach, CA 90277
MLS# SB26231229Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - Open Thu, 12 to 2pmNew
$1,559,000Active3 beds 3 baths1,891 sq. ft.1717 Herrin St, Redondo Beach, CA 90278
MLS# SB26228072Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$1,559,000Active3 beds 3 baths1,891 sq. ft.1717 Herrin St, Redondo Beach, CA 90278
MLS# SB26228072Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$849,000Active1 beds 1 baths909 sq. ft.240 The #102, Redondo Beach, CA 90277
MLS# CL26999611Listed by: KW WESTSIDE ESTATES - Open Sat, 1 to 4pmNew
$698,000Active2 beds 2 baths990 sq. ft.635 S Prospect #103, Redondo Beach, CA 90277
MLS# OC26231504Listed by: PREMIER AGENT NETWORK - New
$1,295,000Active5 beds 3 baths18508 Kingsdale Avenue, Redondo Beach, CA 90278
MLS# SB26230233Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC.