NOT LISTED FOR SALE
19 Beds
17 Baths
8,720 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 10, 2025

Last sale price $4,000,000 $459 Per Sq Ft

280 Days on Market

Highlights

  • Laundry Facilities
  • Dog Park
  • 1-minute walk to Dominguez Park
  • Beryl Heights Elementary School Rated A
  • Radiant Heating System

About This Home

As of March 2025

Great potential for this 9-unit property located at 1311 Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. All electric with separate meters, common on-site laundry & 9 car parking. Possible ADU opportunity. Buyer to cooperate with Seller's 1031.

Last Agent to Sell the Property

Steve Warshauer

Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #00499477 Listed on: 05/29/2024

Coldwell Banker Commercial

Co-Listed By

George Bustamante

Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #01484265

Last Buyer's Agent

Devin Jensen

Jensen Realty License #01893875

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 11,213 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 9 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 8,720 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 17 Bathrooms

Utilities

  • Radiant Heating System
  • 220 Volts in Kitchen
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 22 / 15
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502014060
  • $2,799 per year additional tax assessments

Community Details

Recreation

  • Dog Park

Building Details

  • 8 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $61,232
  • Gross Income $210,420
  • Net Operating Income $142,875

Additional Features

  • 9 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.26 Acres

Parking

9

Listing Details

  • CapRate: 3.18
  • Property Attached: Yes
  • View: No
  • Zoning: RBRMD
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7502014060
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 458.72

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Electric: 220 Volts in Kitchen
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Dog Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11213.00
  • Lot Size Acres: 0.2574
  • Latitude Manual: 33.85588300

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 210420.00
  • Gross Multiplier: 21.39
  • Gross Operating Income: 204107.00
  • Gross Scheduled Income: 210420.00
  • Lot Size Area: 11213.0000 Square Feet
  • Net Operating Income: 142875.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Number With Dishwasher: 9
  • Number With Disposal: 9
  • Number With Range: 9
  • Operating Expense: 61232.00
  • Rent Control: Yes
  • Total Actual Rent: 17535.00
  • Total Expenses: 61232.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6212.01
  • Tax Lot: 22
  • Tax Tract Number: 10019
  • TaxOtherAnnualAssessmentAmount: 2799.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Mar 5, 2025
Sold by
Watson Brothers Properties Llc
Bought by
Seller's Agent
Steve Warshauer
Coldwell Banker Commercial
Buyer's Agent
Devin Jensen
Jensen Realty
List Price
$4,450,000
Sold Price
$4,000,000
Premium/Discount to List
-$450,000
-10.11%
Views
35

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,000,000 Ticor Title Company Of Califor
Watson Brothers Properties Llc -- None Available
Watson Clarence L -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $4,000,000 -8.0% $459 / Sq Ft
08/26/2024 08/26/24 Price Changed $4,350,000 -2.2% $499 / Sq Ft
05/29/2024 05/29/24 For Sale $4,450,000 -- $510 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,646 $4,080,000 $2,244,000 $1,836,000
2025 $18,646 $1,398,514 $530,392 $868,122
2024 $17,832 $1,371,093 $519,993 $851,100
2023 $17,545 $1,344,210 $509,798 $834,412
2022 $17,336 $1,317,853 $499,802 $818,051
2021 $17,296 $1,292,013 $490,002 $802,011
2019 $16,995 $1,253,693 $475,469 $778,224
2018 $16,519 $1,229,112 $466,147 $762,965
2016 $15,918 $1,181,386 $448,047 $733,339
2015 $15,656 $1,163,641 $441,317 $722,324
2014 $15,521 $1,140,848 $432,673 $708,175
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24100463

California Regional Multiple Listing Service (CRMLS)
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