1304 Amethyst Street, Redondo Beach, CA 90277

• 9 beds |
• 7 baths |
• 4,260 sqft

Property Description

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 4.26% current cap rate and 15.95 GRM, along with significant upside to a 5.91% pro-forma cap rate and 12.54 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 Status:

Active

Date Added:

April 16, 2026

Data Last Updated:

May 20, 2026 at 3:16PM

Listing Office:

Shield CRE, Inc. : 310-593-9869

Listing Agent:

Gianluca Jacoli : 310-593-9861

MLS ID:

26742045

Exterior

• Parking: GarageParking spaces: 5

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: RBRMD7502015030

Financial

• Source: CRMLS_CL