SoldApr 13, 2018

Listed and Bought with Greg Geilman

Source: California Regional Multiple Listing Service, Inc #SB18047109

1322 Amethyst St, Redondo Beach, CA, 90277

$1,875,000

9
5607 sq. ft.

Other

20 days on the market

Sold: Apr 13, 2018

What's around 1322 Amethyst St

Residential Income - Redondo Beach, CA

1322 Amethyst is a wonderful 4 unit property in a tract of similar buildings. This tract was originally built for those who wanted to own and live in a really nice townhome style owners unit with income property adjacent from which to derive income and reduce the cost of home ownership. The equation still works today. That being said, with the rental market in Redondo Beach being so strong, this building makes a great investment for for first time investors and seasoned investors alike, as they are easy to manage, and consistently have produced over time like no other single investment this close to the water. Close to employment, transportation, excellent schools and shopping, as well as the beach, this represents a great opportunity with tremendous upside in rents without doing a thing, and even greater upside with renovations. All units are very spacious with ample parking. The front unit has a 2-car garage and the other three have one each.

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