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    1212 Amethyst Street

    Redondo Beach, CA 90277
    • $2,500,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: SB21151699
    UPDATED: 54 min ago
    $2,500,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    This 4 unit apartment building is located in south Redondo Beach in the area of Beryl Heights neighborhood. This is a bread and butter apartment building typical of the area. One two bedroom unit has been completely renovated and recently leased at $2900 per month. Attached photos shown are of the renovated unit. Remaining 3 units have various levels of upgrades thru the years and are clean, cared for units. SUBJECT TO INSPECTION after accepted offer. Purchase to be as is with no work to be done by seller. Owners have managed property themselves, so expenses are at lower end of range. Good long term tenants in property. Street configuration allows for minimal traffic on Amethyst with off site parking available and walking distance to local shopping on Beryl Street. Schools are also located in neighborhood. These units are easily rented throughout the years.3 Units-Two bedroom 1.5 baths. 1 Unit-Three bedroom 2.5 baths (Note: Unit information summary only allows whole numbers in number of baths)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119273884
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    1212 Amethyst Street Redondo Beach, CA 90277

    • Price: $2,500,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: SB21151699
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1963
    Built
    Neighborhood:
    155 - S Redondo Bch N of Torrance Bl
    County:
    Los Angeles
    Area:
    155 - S Redondo Bch N of Torrance Bl
    Property Description
    This 4 unit apartment building is located in south Redondo Beach in the area of Beryl Heights neighborhood. This is a bread and butter apartment building typical of the area. One two bedroom unit has been completely renovated and recently leased at $2900 per month. Attached photos shown are of the renovated unit. Remaining 3 units have various levels of upgrades thru the years and are clean, cared for units. SUBJECT TO INSPECTION after accepted offer. Purchase to be as is with no work to be done by seller. Owners have managed property themselves, so expenses are at lower end of range. Good long term tenants in property. Street configuration allows for minimal traffic on Amethyst with off site parking available and walking distance to local shopping on Beryl Street. Schools are also located in neighborhood. These units are easily rented throughout the years.3 Units-Two bedroom 1.5 baths. 1 Unit-Three bedroom 2.5 baths (Note: Unit information summary only allows whole numbers in number of baths)
    Exterior Features

    Architectural Style Other Construction Materials DrywallStucco Foundation Details Concrete Perimeter Lot Features Front YardLevelNear Public TransitRectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features None Appliances Electric OvenElectric RangeDisposalRefrigeratorRange HoodWater Heater Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring CarpetVinyl

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.5 Common Interest None Community Features BikingDog ParkStorm Drain(S)Sidewalks Contingency None. Will Cooperate With 1031 Exchange Electric Electricity - On Property Electric Expense 489 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 102600 Insurance Expense 1388 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 87646 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 11 Other Expense 6225 Possession Close Of Escrow Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays See Remarks Total Actual Rent 8550 Trash Expense 781 Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1683 Water Source Public Zoning Rbrmd

    Listing provided courtesy of David Seyferth of Vista Sothebyã¢Â‚¬Â„¢S International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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