NOT LISTED FOR SALE

1226 Amethyst St Redondo Beach, CA 90277

Estimated Value: $2,007,000 - $2,367,000

9 Beds
9 Baths
4,442 Sq Ft
$497/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $1,725,000 $388 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $13,800/month

18 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2-minute walk to Dominguez Park
  • Beryl Heights Elementary School Rated A+
  • Level Lot

About This Home

As of October 2020

Rare amazing opportunity to buy a 4 unit in prime Redondo Beach location. South Redondo quadruplex with 4,442sf living space on a 5,389sf lot. The property consists of (1) 3 bedrooms, 2.5 bathrooms, 2 car garage, (3) 2 bedrooms, 2 bathrooms, 1 car garage for 2 units. Highly desirable rentable units rarely vacant and always in demand. Coin laundry on site. Award-winning Redondo Beach Unified schools. Close to all things South Bay including beaches, entertainment, dining, shopping, and more. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry

Last Agent to Sell the Property

Lenny LaRocca

Compass License #01401046 Listed on: 06/18/2020

Compass

Co-Listed By

Teodora Panayotova

Compass License #01715774

Last Buyer's Agent

Lenny LaRocca

Compass License #01401046 Listed on: 06/18/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,243

Year Built

  • Built in 1963

Lot Details

  • 5,389 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 16 / 16
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502010061

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $943
  • Insurance Expense $2,499
  • Trash Expense $721
  • Water Sewer Expense $1,316
  • New Taxes Expense $23,438
  • Operating Expense $28,917
  • Gross Income $106,800
  • Net Operating Income $77,883

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,243

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1316.00
  • Zoning: RBRMD
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7502010061
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 388.34

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 721.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5389.00
  • Lot Size Acres: 0.1237

Multi Family

  • Electric Expense: 943.00
  • Gross Income: 106800.00
  • Gross Scheduled Income: 106800.00
  • Insurance Expense: 2499.00
  • Laundry Income: 1200.00
  • Lot Size Area: 5389.0000 Square Feet
  • Net Operating Income: 77883.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 28917.00
  • Other Income Description: Coin operated washer/dryer
  • Rent Control: No
  • Total Expenses: 28917.00

Tax Info

  • New Taxes Expense: 23438.00
  • Tax Block: 16
  • Tax Census Tract: 6212.01
  • Tax Lot: 16
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 29, 2020
Sold by
Liston Josefina P
Bought by
Simpson Kenneth and Declaration Of Trust
Seller's Agent
Lenny LaRocca
Compass
Buyer's Agent
Lenny LaRocca
Compass
List Price
$1,875,000
Sold Price
$1,725,000
Premium/Discount to List
-$150,000
-8%
Current Estimated Value
$2,207,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,861
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Jul 7, 2020
Sold by
Simpson Kenneth and Carmona Anissa
Bought by
Thomson Michael and Thomson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2017
Sold by
Liston Terry W
Bought by
Liston Terry W and Liston Josefina
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thomson Michael -- Fidelity National Title Co
Liston Terry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomson Michael $1,207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $1,725,000 -8.0% $388 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $1,875,000 -- $422 / 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 $21,243 $1,867,193 $1,298,917 $568,276
2024 $21,243 $1,830,583 $1,273,449 $557,134
2023 $20,858 $1,794,690 $1,248,480 $546,210
2022 $20,585 $1,759,500 $1,224,000 $535,500
2021 $20,245 $1,725,000 $1,200,000 $525,000
2020 $9,369 $726,320 $273,021 $453,299
2019 $9,191 $712,079 $267,668 $444,411
2018 $8,922 $698,118 $262,420 $435,698
2016 $8,617 $671,011 $252,231 $418,780
2015 $8,470 $660,933 $248,443 $412,490
2014 $8,386 $647,987 $243,577 $404,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20118483

California Regional Multiple Listing Service (CRMLS)

APN: 7502-010-061