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1302 Amethyst St
Redondo Beach, CA 90277 Redondo Beach

$2,870,000 USD

Apartments For Sale • 4,186 SF

Property Details

Property Type Apartments
Total Building Size 4,186 SF
Lot Size 0.13 AC
Building Class C
Year Built 1963
Cap Rate 4.97 %
Zoning RBRMD

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Fully renovated 4-unit building in the heart of South Redondo Beach
                            
                                Complete gut renovation means zero deferred maintenance and no near-term capex, positioning a new owner to step into stabilized income from day one
                            
                                Luxury vinyl plank flooring, quartz countertops, and stainless-steel appliances throughout
                            
                                In-unit washer/dryer and smart home features in every residence
                            
                                Walking distance to top-rated schools, parks, and highly-praised eateries
                            
                                Easy access to major freeways and just 20 minutes from LAX

Cap Rate:

4.97 %

Major Tenants

Tenant	SF Occupied	Lease End Date
1302 Amethyst St

Amenities

Public Transportation

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	8.0 mi
Long Beach (Daugherty Field)	22 min	-	14.7 mi
Bob Hope	49 min	-	33.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Nabil Awada 310-844-9362 Matthews Real Estate Investment Services

1302 Amethyst St Redondo Beach, CA 90277 Redondo Beach