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1304 Amethyst St
Redondo Beach, CA 90277 Redondo Beach

$2,285,000 USD

Multifamily For Sale  •  4,260 SF

Property Details

• Property Type Multifamily
• Total Building Size 4,260 SF
• Year Built 1963
• Cap Rate 4.26 %
• Zoning RBRMD

30 Transit Score

60 Walk Score

Highlights

Prime South Redondo Beach Location: Desirable coastal asset located approximately 1 mile from Redondo Beach Pier, King Harbor & Pacific Ocean.

Attractive Unit Mix: Featuring a 4-bedroom/1.75-bath front unit, (2) 2-bedroom/1.75-bath units and (1) 1-bedroom/1-bath unit.

Strong In-Place Income with Significant Upside: Offering a 4.26% current cap rate & 15.95 GRM, with a compelling 5.91% pro-forma cap rate & 12.54 GRM.

Efficient Operating Profile: All-electric building with no gas expense and minimal operating expenses, helping reduce utility costs.

Ample Garage Parking: Total of 5 garage spaces.

Desirable Financing Options: Qualifies for residential financing.

Financial Summary (Actual)

Net Operating Income: $97,265 USD (2025)

Cap Rate:	4.26 %
Total Expenses:	$41,717 USD

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	8.2 mi
Long Beach (Daugherty Field)	22 min	-	14.4 mi
Bob Hope	47 min	-	33.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	OneCarGarage
Included in Rent:	Yes