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Listed price in listed location currency (USD).
$2,285,000

975

MLS® 26742045

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4260 sqft
Garage Yes
Taxes 
Days Active 4
Lot Size 
Approx. Age 1963
Avg. Price Per Sqft $536
MLS® Number 26742045

Property Address: 1304 Amethyst St, Redondo Beach, CA, 90277-2407

Average square foot calculated using Size range provided by listing agent.

Description

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. From an investment standpoint, the property offers a compelling financial profile with a 4.26% current cap rate and 15.95 GRM, along with significant upside to a 5.91% pro-forma cap rate and 12.54 GRM. 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 garage parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. The asset also qualifies for residential financing, expanding buyer's financing options and offering access to more attractive loan terms.
MLS® Number26742045
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1963
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 17, 2026List Date
$2,285,000List Price
  • Commute

Commute

Starting Address
Destination Address
1304 Amethyst St, Redondo Beach, CA

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