1324 Amethyst St, Redondo Beach, CA 90277

  • $1,885,000
1324 Amethyst St, Redondo Beach, CA 90277, USA

1324 Amethyst St, Redondo Beach, CA 90277

1324 Amethyst St, Redondo Beach, CA 90277, USA
  • $1,885,000

Description

Lyon Stahl is proud to present 1324 Amethyst St, a 4-unit building for sale in Redondo Beach. This 4,378 SF building was built in 1963 and is centrally located near restaurants, shops, and the beach. Situated on a 5,490 SF lot, this property features five (5) garages and a desirable unit mix consisting of one (1) 3- bed/2.5-bath, two (2) 2-bed/2-bath, and one (1) 1-bed/1-bath unit. The property contains all copper plumbing, as well as a new flat roof (2016), deck (2018), and fence. The building was also recently painted and landscaped with drought-resistant material (water efficient drip system). Additionally, Unit A has been partially remodeled with granite countertops and a new stove. Given the great location and high upside in market rent potential (over 50% increase in potential rent), this property is an excellent opportunity for any investor looking to acquire prime Redondo Beach real estate.

Investment Highlights:
● 4,170 SF building situated on 5,490 SF of land
● Desirable unit mix consisting of (1) 3-bed/2.5-bath, (2) 2-bed/2-bath, & (1) 1-bed/1-bath unit
● Property features all copper plumbing, a new flat roof (2016), & new deck (2018)
● Fencing has been replaced, exterior has been repainted, & drought resistant landscaping installed
● Unit A has been partially remodeled | New granite and stove top
● Excellent location | Minutes from Pacific Coast Hwy, Redondo Union High School, and local shopping centers


Property Status :

  • City Redondo Beach
  • State/county CA
  • Country United States

Details

Updated on March 23, 2021 at 10:05 pm
  • Price: $1,885,000
  • Property Size: 4,170 Sq Ft
  • Land Area: 5,490 Sq Ft
  • Garages: 5
  • Year Built: 1963
  • Property Type: Multifamily
  • Property Status: Sold

Overview

  • Multifamily
  • Property Type
  • 5
  • Garages
  • 4,170
  • Sq Ft
  • 1963
  • Year Built

Contact Information

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