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1304 Amethyst Street, Redondo Beach, CA 90277

$2,249,000 Approx. USD 9 beds, 7 baths
4,260 sqft

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Gianluca Jacoli | luca@shieldcre.com
Lic#: 01938297
Broker: Courtesy of Shield CRE, Inc.
Phone: 310-593-9861

Agent Remarks

This well-located fourplex offers a premier investment opportunity in the highly sought-after South Redondo Beach market, situated approximately one mile from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property provides tenants with convenient access to an abundance of coastal dining, retail, and lifestyle amenities. The asset features an attractive unit mix of (1) 4-bed/1.75-bath front unit, (2) 2-bed/1.75-bath units and (1) 1-bed/1-bath unit. From an investment standpoint, the property offers a compelling financial profile with a 4.34% current cap rate and 15.70 GRM, along with significant upside to a 6.02% pro-forma cap rate and 12.35 GRM. Not subject to local rent control (AB 1482 only), the asset allows for consistent and favorable rent growth. The all-electric configuration eliminates gas expenses and supports an efficient operating structure with minimal expenses. Additional features include five garage spaces providing ample garage parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. The asset also qualifies for residential financing, expanding buyer's financing options and offering access to more attractive loan terms.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26742045

List price is $2,249,000 Reduced by $36,000 on 6/3/2026

Price: $2,249,000

Beds: 9

Baths: 7

Built in 1963

4,260 sqft

1 story

0.13 acres

Lot size: 0.1272

County: Los Angeles

Zoning: RBRMD

Parking description: Garage

MLS area: 155 - S Redondo Bch N of Torrance Bl

Last Updated: 6/3/2026

Days On Market (DOM): 116

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This listing belongs to the 155 - S Redondo Bch N of Torrance Bl MLS area

Lat/Long: 33.855467, -118.380008.
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