Seller's Agent in 2024
Steve Warshauer
Coldwell Banker Commercial
(562) 495-6070
12 in this area
20 Total Sales
1303 Amethyst St Redondo Beach, CA 90277
Estimated Value: $1,826,000 - $1,933,000
9
Beds
7
Baths
4,186
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Laundry Room
- Dog Park
- 2-minute walk to Dominguez Park
- Beryl Heights Elementary School Rated A+
- Heating Available
About This Home
As of August 20244 BUILDING PORTFOLIO: MUST BE SOLD WITH 1303, 1305 & 1307 Amethyst.
Great potential for this fourplex located at 1301Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. One 4BR-2Bath unit, Two 2BR-1.5bath units and One 1BR-1Bath unit. All electric with separate meters, common on-site laundry & 5 car parking. Possible ADU opportunity.
Buyer to cooperate with Seller's 1031.
Last Agent to Sell the Property
Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #00499477 Listed on: 02/01/2024
Co-Listed By
Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #01484265
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,753
Year Built
- Built in 1963
Lot Details
- 5,511 Sq Ft Lot
- 1 Common Wall
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4,186 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Electric Oven
- Built-In Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Rain Gutters
Utilities
- Heating Available
- 220 Volts in Kitchen
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 17 / 15
- Tax Tract Number 10019
- Assessor Parcel Number 7502014046
- $1,144 per year additional tax assessments
Community Details
Recreation
- Dog Park
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Operating Expense $25,380
- Gross Income $59,720
- Net Operating Income $59,220
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2025
Sold by
1303 Amethyst Llc
Bought by
Kasei Bussan Co Ltd
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,561,137
Outstanding Balance
$1,561,137
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$320,265
Purchase Details
Listed on
Feb 1, 2024
Closed on
Jul 30, 2024
Sold by
Watson Brothers Properties Llc
Bought by
1303 Amethyst Llc
Seller's Agent
Steve Warshauer
Coldwell Banker Commercial
Buyer's Agent
Nabil Awada
Matthews Real Estate Investment Services
List Price
$2,195,000
Sold Price
$14,120,000
Premium/Discount to List
$11,925,000
543.28%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-85.33%
Purchase Details
Closed on
Sep 18, 2008
Sold by
Watson Clarence L
Bought by
Watson Brothers Properties Llc
Purchase Details
Closed on
Jun 10, 2005
Sold by
Watson Clarence L
Bought by
Watson Clarence L and Watson Clifford K
Purchase Details
Closed on
Aug 8, 1996
Sold by
Gassmann Joseph
Bought by
Watson Clarence L and Watson Clifford K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.25%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kasei Bussan Co Ltd | $2,800,000 | Commonwealth Land Title Compan | |
| 1303 Amethyst Llc | $1,774,000 | Ticor Title Company Of Califor | |
| Watson Brothers Properties Llc | -- | None Available | |
| Watson Clarence L | -- | -- | |
| Watson Clarence L | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kasei Bussan Co Ltd | $1,561,137 | |
| Previous Owner | Watson Clarence L | $201,300 | |
| Previous Owner | Watson Clarence L | $247,915 | |
| Previous Owner | Watson Clarence L | $285,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2024 08/07/24 | Sold | $14,120,000 | +543.3% | $3,373 / Sq Ft |
| 02/01/2024 02/01/24 | For Sale | $2,195,000 | -- | $524 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,753 | $2,028,000 | $1,600,000 | $428,000 |
| 2024 | $7,753 | $602,677 | $383,526 | $219,151 |
| 2023 | $7,628 | $590,860 | $376,006 | $214,854 |
| 2022 | $7,537 | $579,276 | $368,634 | $210,642 |
| 2021 | $7,517 | $567,918 | $361,406 | $206,512 |
| 2019 | $7,384 | $551,076 | $350,688 | $200,388 |
| 2018 | $7,151 | $540,271 | $343,812 | $196,459 |
| 2016 | $6,902 | $519,293 | $330,462 | $188,831 |
| 2015 | $6,786 | $511,494 | $325,499 | $185,995 |
| 2014 | $6,728 | $501,475 | $319,123 | $182,352 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Warshauer
-
George Bustamante
Seller Co-Listing Agent in 2024
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
12 in this area
42 Total Sales
-
Nabil Awada
Buyer's Agent in 2024
Nabil Awada
Matthews Real Estate Investment Services
(310) 469-2974
10 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24021431
APN: 7502-014-046
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