NOT LISTED FOR SALE

1324 Amethyst St Redondo Beach, CA 90277

Estimated Value: $2,100,000 - $2,970,000

8 Beds
5 Baths
4,170 Sq Ft
$603/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,900,000 $456 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $15,174/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-minute walk to Dominguez Park
  • Beryl Heights Elementary School Rated A
  • Front Yard

About This Home

As of June 2020

Amazing opportunity and prime location! South Redondo quadruplex with 4,378 SF of living space on a 5,490 SF lot. The property consists of (1) 3-bedroom, 2.5-bathroom, 2-car garage updated unit, (2) 2-bedroom, 2 bathroom, 1-car garage units, and (1) 1-bedroom, 1-bathroom, 1-car garage unit. Features include copper plumber, a newer roof, newer deck and fencing, drought-resistant landscaping with a water efficient drip system. Coin laundry on site. Award winning Redondo Beach Unified schools.

Last Agent to Sell the Property

Yoshiko Oest

Bayside License #01493192 Listed on: 05/17/2020

Co-Listed By

Kim Boussard

Home Smart Realty Group License #01893869

Last Buyer's Agent

Andrew Fernandez

Andrew E. Fernandez, Broker License #01804554

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,490 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,170 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 13 / 17
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502015040

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $456
  • Insurance Expense $1,787
  • Maintenance Expense $1,800
  • Trash Expense $1,145
  • Water Sewer Expense $1,440
  • New Taxes Expense $23,000
  • Operating Expense $29,643
  • Gross Income $97,584
  • Net Operating Income $72,687

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,490 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: RBRMD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7502015040
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 455.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1145.20
  • 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: Front Yard
  • Lot Size Sq Ft: 5490.00
  • Lot Size Acres: 0.1260

Multi Family

  • Electric Expense: 456.00
  • Gross Income: 97584.00
  • Gross Scheduled Income: 97584.00
  • Insurance Expense: 1787.00
  • Laundry Income: 360.00
  • Lot Size Area: 5490.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 72687.00
  • 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
  • Operating Expense: 24897.00
  • Rent Control: No
  • Total Actual Rent: 8102.00
  • Total Expenses: 29643.20

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Block: 17
  • Tax Census Tract: 6212.01
  • Tax Lot: 13
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Orourke Anthony and Orourke Linda Sue
Bought by
Tlo Ventures Llc
Current Estimated Value
$2,512,698

Purchase Details

Closed on
Aug 28, 2020
Sold by
Orourke Anthony A and Orourke Linda S
Bought by
Orourke Anthony and Orourke Family Trust

Purchase Details

Listed on
May 17, 2020
Closed on
May 26, 2020
Sold by
Pacifia Squirrel Llc
Bought by
Orourke Anthony A and Orourke Linda S
Seller's Agent
Yoshiko Oest
Bayside
Buyer's Agent
Andrew Fernandez
Andrew E. Fernandez, Broker
List Price
$1,875,000
Sold Price
$1,900,000
Premium/Discount to List
$25,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,000,000
Outstanding Balance
$886,423
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,626,275

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 24, 2019
Sold by
Huang Jin Shuh and Huang Chifen
Bought by
Pacific Squirrel Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Doug Lawson
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,950,000
Sold Price
$1,885,000
Premium/Discount to List
-$65,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.61%
Original Mortgage
$523,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2013
Sold by
Huang Jin Shuh and Huang Chifen
Bought by
Huang Jin Shuh and Huang Chifen

Purchase Details

Closed on
Jul 11, 1995
Sold by
Huang Jin Shuh and Huang Chi Fen
Bought by
Huang Jin Shuh

Purchase Details

Closed on
Jan 11, 1994
Sold by
Huang Jin Shuh and Huang Chi Fen
Bought by
Huang Jin Shuh
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tlo Ventures Llc -- None Available
Orourke Anthony -- None Available
Orourke Anthony A $1,900,000 Lawyers Title Company
Pacific Squirrel Llc $1,885,000 First American Title Co
Huang Jin Shuh -- None Available
Huang Jin Shuh -- --
Huang Jin Shuh -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orourke Anthony A $1,000,000
Previous Owner Pacific Squirrel Llc $523,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $1,900,000 +1.3% $456 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $1,875,000 -0.5% $450 / Sq Ft
02/26/2019 02/26/19 Sold $1,885,000 -3.3% $452 / Sq Ft View Prior Sale
01/23/2019 01/23/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $1,950,000 -- $468 / 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 $23,485 $2,077,923 $1,312,373 $765,550
2024 $23,485 $2,037,181 $1,286,641 $750,540
2023 $23,057 $1,997,237 $1,261,413 $735,824
2022 $22,754 $1,958,077 $1,236,680 $721,397
2021 $22,362 $1,919,684 $1,212,432 $707,252
2020 $22,645 $1,922,700 $1,346,400 $576,300
2019 $4,103 $255,289 $94,134 $161,155
2018 $3,952 $250,285 $92,289 $157,996
2016 $3,798 $240,568 $88,706 $151,862
2015 $3,742 $236,955 $87,374 $149,581
2014 $3,730 $232,314 $85,663 $146,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20094019

California Regional Multiple Listing Service (CRMLS)

APN: 7502-015-040

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