1223 Amethyst St | Redondo Beach, CA 90277
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- LoopNet Team
1223 Amethyst St
Redondo Beach, CA 90277
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Highly Desirable South Redondo Beach Location | Less Than 1 Mile from the Pacific Ocean, King Harbor & Redondo Beach Pier
- No Local Rent Control – Defaults to AB 1482 | 4,170 Square Feet of Living Space on 5,416 Square Foot Lot
- Approximately 12% in Rental Upside – 3.64% Pro-Forma CAP Rate & 18.52 Pro-Forma GRM
- Great Unit Mix of (One) 3-Bed/2-Bath Unit, (Two) 2-Bed/2-Bath Units & (One) 1-Bed/1-Bath Unit
- Some Units Remodeled & Total of 5 Garage Spaces | Minimal Utility and Common Area Expenses
- Qualifies for Residential Financing | Perfect Owner User Opportunity
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,170 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1963 |
| Building Class | B | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | RBRMD | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 4,170 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | RBRMD |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $3,400 | - |
| 2+2 | 2 | $2,385 | - |
| 1+1 | 1 | $1,650 | - |
PROPERTY TAXES
| Parcel Number | 7502-011-074 | Improvements Assessment | $311,881 |
| Land Assessment | $311,068 | Total Assessment | $622,949 |
PROPERTY TAXES
Parcel Number
7502-011-074
Land Assessment
$311,068
Improvements Assessment
$311,881
Total Assessment
$622,949
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