Seller's Agent in 2025
Gianluca Jacoli
Shield CRE, Inc.
(510) 708-2662
9 in this area
50 Total Sales
1214 Agate St Redondo Beach, CA 90277
8
Beds
8
Baths
4,170
Sq Ft
5,591
Sq Ft Lot
Highlights
- 5 Car Garage
- Beryl Heights Elementary School Rated A
- 5-minute walk to Dominguez Park
About This Home
As of March 2025Maximize Your Passive Income with This Prime south Redondo 4-Unit Investment Opportunity!1214 Agate Street is a well maintained 4-unit property in the highly desirable North Redondo neighborhood, less than a mile from the beach and King Harbor. This is the ideal investment for the discerning passive income seeker. The property boasts an excellent unit mix: one spacious 3-bedroom/2.5-bathroom unit, two 2-bedroom/2-bathroom units, and a 1-bedroom/1-bathroom unit, ensuring diverse tenant appeal and consistent rental income. Crucially, this property is not subject to LA City Rent Control, offering significant upside potential under AB-1482 and allowing you to maximize your returns. The 4,170 square feet of living space and five garage spaces provide ample room and convenience, attracting quality tenants. Beyond the property's impressive features, its location is an A+ Beach City location. Residents enjoy easy access to the Redondo Beach Pier, The Strand, Hermosa Beach Pier, and the area's robust job market, anchored by prominent employers like Northrup Grumman, Mattel, and numerous aerospace defense companies. This translates to high tenant demand and minimal vacancy. 1214 Agate Street is more than just a property; it's a strategic investment in a thriving coastal community exempt from LA City Rent Control, designed to generate reliable passive income for years to come.
Last Agent to Sell the Property
Shield CRE, Inc. License #01938297 Listed on: 02/11/2025
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,591 Sq Ft Lot
Parking
- 5 Car Garage
Interior Spaces
- 4,170 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Community Details
- 4 Units
- Vacancy Allowance $3,724
Listing and Financial Details
- Assessor Parcel Number 7502-011-049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
Mar 14, 2025
Sold by
Earnest And Margaret Jones Family Trust and Hoover Larry E
Bought by
Joseph And Sherry Mark Family Trust and Mark
Seller's Agent
Gianluca Jacoli
Shield CRE, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,150,000
Sold Price
$2,133,000
Premium/Discount to List
-$17,000
-0.79%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,284
Avg. Annual Appreciation
0.49%
Original Mortgage
$966,750
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2022
Sold by
Earnest And Margaret Jones Family Trust
Bought by
Trust A Of The Earnest And Margaret Jones Fam
Purchase Details
Closed on
Oct 31, 2001
Sold by
Jones Earnest Eugene and Jones Margaret Lee
Bought by
Jones Earnest Eugene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | Commonwealth Land Title Compan | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $966,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $2,133,000 | -0.8% | $512 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $2,150,000 | -- | $516 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $3,652 | $234,080 | $83,327 | $150,753 |
| 2024 | $3,652 | $229,492 | $81,694 | $147,798 |
| 2023 | $3,607 | $224,993 | $80,093 | $144,900 |
| 2022 | $3,571 | $220,582 | $78,523 | $142,059 |
| 2021 | $3,648 | $216,258 | $76,984 | $139,274 |
| 2019 | $3,591 | $209,845 | $74,701 | $135,144 |
| 2018 | $3,450 | $205,732 | $73,237 | $132,495 |
| 2016 | $3,310 | $197,745 | $70,394 | $127,351 |
| 2015 | $3,263 | $194,776 | $69,337 | $125,439 |
| 2014 | $3,258 | $190,961 | $67,979 | $122,982 |
Source: Public Records
Agents Affiliated with this Home
-
Gianluca Jacoli
-
S
Buyer's Agent in 2025
Subscriber Non
Non-Participant Office
Map
Source: The MLS
MLS Number: 25497359
APN: 7502-011-049
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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