NOT LISTED FOR SALE

1302 Amethyst St Redondo Beach, CA 90277

Estimated Value: $1,821,000 - $2,201,000

7 Beds
5 Baths
4,186 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $1,765,000 $422 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,183/month

236 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Radiant Heating System
  • Beryl Heights Elementary School Rated A
  • 4 Car Garage
  • 2-minute walk to Dominguez Park

About This Home

As of December 2024

BACK ON THE MARKET. We are pleased to present the fourplex located at 1302 Amethyst St., Redondo Beach. This prime income producing property is located just east of the Redondo Beach harbor. Walking distance to shops and restaurants. This unit mix consists of (1) - 4 bedroom/2 bath unit, (2) - 2 bedroom/ 1.5 bath and (1) 1 bedroom/1 bath units. Separately metered electricity and a common onsite laundry room. 4- one car garages. Possible ADU development to add more units. Don't miss out on the opportunity to acquire an amazing value-add investment property.
Seller also has available 1316 Amethyst & 1312 Amethyst - both are also 4 units each.

Last Agent to Sell the Property

George Bustamante

Coldwell Banker Commercial Brokerage Phone: 714-856-7017 License #01484265 Listed on: 10/26/2023

Coldwell Banker Commercial

Co-Listed By

Steve Warshauer

Coldwell Banker Commercial Brokerage Phone: 714-856-7017 License #00499477

Last Buyer's Agent

Nabil Awada

Matthews Real Estate Investment Services License #02046840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,465 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Fixer Upper
  • Asphalt Roof

Interior Spaces

  • 4,186 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 2 / 17
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502015029
  • $1,138 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $32,000
  • Gross Income $101,400
  • Net Operating Income $66,598

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,465 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.03
  • Property Attached: Yes
  • View: No
  • Zoning: RBRMD
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7502015029
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 421.64

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5465.00
  • Lot Size Acres: 0.1255

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 101400.00
  • Gross Multiplier: 21.60
  • Gross Scheduled Income: 101400.00
  • Laundry Income: 240.00
  • Lot Size Area: 5465.0000 Square Feet
  • Net Operating Income: 66598.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 32000.00
  • Rent Control: No
  • Total Expenses: 32000.00

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 6212.01
  • Tax Lot: 2
  • Tax Tract Number: 10019
  • TaxOtherAnnualAssessmentAmount: 1138.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
1302 Amethyst Llc
Bought by
Marufumi Llc
Current Estimated Value
$1,981,388

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 7, 2024
Sold by
Watson Brothers Properties Llc
Bought by
1302 Amethyst Llc
Seller's Agent
George Bustamante
Coldwell Banker Commercial
Buyer's Agent
Nabil Awada
Matthews Real Estate Investment Services
List Price
$2,195,000
Sold Price
$1,765,000
Premium/Discount to List
-$430,000
-19.59%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Sep 18, 2008
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Brothers Properties Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Clarence L
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
Marufumi Llc $2,000,000 Commonwealth Land Title Compan
1302 Amethyst Llc $1,765,000 Ticor Title Company Of Califor
1302 Amethyst Llc $1,765,000 Ticor Title Company Of Califor
Watson Brothers Properties Llc -- None Available
Watson Clarence L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $1,765,000 -15.8% $422 / Sq Ft
10/08/2024 10/08/24 Price Changed $2,095,000 -4.6% $500 / Sq Ft
10/08/2024 10/08/24 For Sale $2,195,000 0.0% $524 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $2,195,000 -- $524 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,131 $2,004,000 $1,600,000 $404,000
2024 $9,131 $728,219 $292,848 $435,371
2023 $8,981 $713,941 $287,106 $426,835
2022 $8,870 $699,943 $281,477 $418,466
2021 $8,818 $686,219 $275,958 $410,261
2019 $8,659 $666,608 $267,774 $398,834
2018 $8,404 $653,553 $262,524 $391,029
2016 $8,118 $627,466 $252,331 $375,135
2015 $7,980 $618,042 $248,541 $369,501
2014 $7,903 $605,936 $243,673 $362,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23199858

California Regional Multiple Listing Service (CRMLS)

APN: 7502-015-029

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