1304 Amethyst Street, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1304 Amethyst Street,Redondo Beach, CA 90277
$2,285,000
  • 9 Beds
  • 7 Baths
  • 4,260 sq. ft.
  • Multi-family
  • Active
Listed by: gianluca jacoli
Office: shield cre, inc.310-593-9869
MLS#:26742045
Source:CRMLS

Price summary

  • Price:$2,285,000
  • Price per sq. ft.:$536.38

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. 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...

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Home facts

  • Year built:1963
  • Listing ID #:26742045
  • Added:16 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Living area:4,260 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:4,260 sq. ft.
  • Lot area:0.13 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$2,285,000
  • Price per sq. ft.:$536.38

Parking

  • Total parking spaces:5
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:5
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