1318 AMETHYST ST.

Redondo Beach, CA

1318 Amethyst St.

Redondo Beach, CA 90277

South Redondo Beach 9-unit Apartment Complex For Sale
8,720 SF | 11,199 SF Lot | 9 Enclosed Garages | Built 1963 
APN: 7502-015-055
Price on Request!

The Amethyst Apartments in South Redondo Beach is a rare opportunity to purchase a 9-unit building in an exclusive beach community in the greater South Bay area of Los Angeles. All units are spacious with ample parking. The front 3-bedroom 2.5 bath free-standing unit has a 2-car garage and two off-street parking spaces. Five units have been completely remodeled, and the remaining four are ready for upgrades.

This apartment complex is located in a tract of similar properties, near employment hubs, transportation, excellent Redondo Beach Unified school district, shopping, and the beach. Only 20 miles from Downtown Los Angeles and seven miles south of LAX, Redondo Beach offers residents the best of beachfront living near big-city amenities and convenient access to the 405 freeway.

Redondo Beach is a coastal city at its core, and proximity to the Pacific Ocean shapes life here. Residents can explore the shops and restaurants at Redondo Beach Pier, learn more about marine conservation at the SEA Lab, shop at the South Bay Galleria, watch a show at the Redondo Beach Performing Arts Center, and retreat to nature at Hopkins Wilderness Park. Redondo Beach is also known for its rich culinary scene.

If you're looking for a great place to own in Southern California, the South Redondo Beach Amethyst Apartments are the perfect choice for you! 

Contact Gary today to learn more abotu this wonderful property.

Unit Upgrades & Amenities

  • Brand new A/C, cabinets, granite countertops

  • All brand-new stainless-steel appliances

  • Brand new washer & dryer in unit

  • Completely renovated bathrooms with double sinks

  • New luxury vinyl plank flooring

  • New double-glazed windows

  • All new in-ceiling lighting

  • In-unit washer and dryers in 5 of the 2-bedroom units

  • Private community patio area with outdoor concrete cooking space and built-in grill

FLOOR PLANS

WALKTHROUGH VIDEOS


3D TOUR


3D Tour of Unit C

Annual Expenses 2023

  • Property Taxes: $54,300

  • Property Management: $14,200 (4%)

  • Insurance: $7,500

  • Landscaping: $1,440

  • Water: $5,000

  • Trash: $3,135

  • Electricity: $1,000/p>

  • Internet: $600

  • Maintenance: $24,856, 7% of GSI

Total: $112,991

Current Rent Roll 2023

  • Unit A - 3 Bed, 2.5 Bath, original unit with laundry Room.  Two car garage plus two off street parking spots.
    $4,000/month through Jun. 30, 2024 

  • Unit B - 2 Bed, 2 Bath, newly remodeled 2022.  A/C & washer/dryer in unit.  One car garage.
    $3,690/month through Sept. 8, 2024

  • Unit C - 2 Bed, 2 Bath, newly remodeled 2022. A/C & washer/dryer in unit. One car garage.
    $3,500/month through Aug. 31, 2024

  • Unit D - 2 Bed, 2 Bath, spacious original unit.  One car garage.
    $2,500/month through Feb. 24, 2024

  • Unit E - 2 Bed, 2 Bath, spacious original unit. One car garage.
    $2,705/month through Dec. 31, 2023

  • Unit F - 2 Bed, 1 Bath, original unit.  No parking
    $2,500/month through Feb. 29, 2024

  • Unit G - 2 Bed, 2 Bath, newly remodeled 2023. A/C & washer/dryer in unit. One car garage.
    $3,545/month through Aug. 13, 2024

  • Unit H - 2 Bed, 2 Bath, newly remodeled 2023. A/C & washer/dryer in unit. One car garage.
    $3,650/month through Jun. 30, 2024

  • Unit I - 2 Bed, 2 Bath, newly remodeled 2022. A/C & washer/dryer in unit. One car garage.
    $3,500/month through May 31, 2024

Total Monthy Rent: $29,590
Current Annual Rent Total: $355,080

PRESENTED BY

CONTACT

310.480.7694
1131 Morningside Drive
Manhattan Beach, CA 90266
Gary@StrandHill.com

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