NOT LISTED FOR SALE

1212 Amethyst St Redondo Beach, CA 90277

Estimated Value: $2,192,000 - $2,746,645

9 Beds
8 Baths
4,442 Sq Ft
$548/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $2,450,000 $552 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,208/month

23 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Bike Trail
  • Beryl Heights Elementary School Rated A+
  • Laundry Room
  • 4-minute walk to Dominguez Park

About This Home

As of September 2021

This 4 unit apartment building is located in south Redondo Beach in the area of Beryl Heights neighborhood. This is a bread and butter apartment building typical of the area. One two bedroom unit has been completely renovated and recently leased at $2900 per month. Attached photos shown are of the renovated unit. Remaining 3 units have various levels of upgrades thru the years and are clean, cared for units. SUBJECT TO INSPECTION after accepted offer. Purchase to be as is with no work to be done by seller. Owners have managed property themselves, so expenses are at lower end of range. Good long term tenants in property. Street configuration allows for minimal traffic on Amethyst with off site parking available and walking distance to local shopping on Beryl Street. Schools are also located in neighborhood. These units are easily rented throughout the years.
2 Units-Two bedroom 1.5 baths. 1 Unit two bedroom 1.75 baths. 1 Unit-Three bedroom 2.5 baths (Note: Unit information summary only allows whole numbers in number of baths) Purchaser to cooperate with 1031 exchange at no cost

Last Agent to Sell the Property

David Seyferth

Vista Sotheby’s International Realty License #00836605 Listed on: 07/13/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Kathy Morris

Compass License #01745500

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,006

Year Built

  • Built in 1963

Lot Details

  • 5,193 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Composition Roof
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,442 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 8 / 16
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502010054

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Electric Expense $489
  • Gardener Expense $720
  • Insurance Expense $1,388
  • Other Expense $6,225
  • Trash Expense $781
  • Water Sewer Expense $1,683
  • Operating Expense $11,286
  • Net Operating Income $87,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,006

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 3.50
  • Price Per Unit: 625000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1683.00
  • Zoning: RBRMD
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7502010054
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 551.55

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Disposal, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 781.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 5193.00
  • Lot Size Acres: 0.1192

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Average3 Bed Area: 1592 Square Feet
  • Electric Expense: 489.00
  • Gross Multiplier: 24.00
  • Gross Scheduled Income: 108324.00
  • Insurance Expense: 1388.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 80.00
  • Lot Size Area: 5193.0000 Square Feet
  • Net Operating Income: 87646.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 3
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Operating Expense: 11.00
  • Operating Expense Percent: 11.00
  • Other Expense: 6225.00
  • Other Expense Description: General
  • Other Income Description: Laundry income varies
  • Rent Control: No
  • Total Actual Rent: 9027.00
  • Total Expenses: 11286.00

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 6212.01
  • Tax Lot: 8
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Byrne Michelle K
Bought by
Michelle K Byrne Revocable Trust and Byrne
Current Estimated Value
$2,435,411

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 6, 2021
Sold by
Allen Danon David and Mendoza Yolanda
Bought by
Byrne Michelle K
Seller's Agent
David Seyferth
Vista Sotheby’s International Realty
Buyer's Agent
Kathy Morris
Compass
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.15%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Lane Laurie J and Danon Laurie J
Bought by
Danon David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Danon David A
Bought by
Danon David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1994
Sold by
Danon David A and Danon Laurie J
Bought by
Danon David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michelle K Byrne Revocable Trust -- None Listed On Document
Byrne Michelle K $2,352,000 Usa National Title
Danon David A -- Fidelity National Title Comp
Danon David A -- Fidelity National Title Comp
Danon David A -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrne Michelle K $450,000
Previous Owner Danon David A $148,000
Previous Owner Danon David A $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $2,450,000 -2.0% $552 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $2,500,000 -- $563 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,006 $2,495,960 $1,061,208 $1,434,752
2024 $28,006 $2,447,020 $1,040,400 $1,406,620
2023 $27,491 $2,399,040 $1,020,000 $1,379,040
2022 $27,127 $2,352,000 $1,000,000 $1,352,000
2021 $7,673 $579,943 $210,532 $369,411
2019 $7,538 $562,744 $204,289 $358,455
2018 $7,300 $551,711 $200,284 $351,427
2016 $7,043 $530,289 $192,507 $337,782
2015 $6,925 $522,325 $189,616 $332,709
2014 $6,865 $512,094 $185,902 $326,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21151699

California Regional Multiple Listing Service (CRMLS)

APN: 7502-010-054