Active
$4,900,000
8%
9 Units
7 Beds
6 Baths
8,720 Area(sq.ft.)
Lot: 11,213 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 3 | No | $ 3,895 | $ 3,895 | $ 3,895 |
| Unit 2 | 6 | 2 | 2 | No | $ 18,280 | $ 18,280 | $ 18,280 |
| Unit 3 | 2 | 2 | 1 | No | $ 5,495 | $ 5,495 | $ 5,495 |
| 9 | 19 | 17 | $ 124,565 | $ 124,565 | $ 124,565 |
| MLS #: | SB25088131MR |
| Days On Market: | 228 |
| Listing Date: | April 22, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 562 |
| Price per unit: | $ 544,444 |
| Year Built: | 1963 |
Property Details
Turn key 9-unit apartment complex for sale in the heart of Beryl Heights, Redondo Beach. The property is beautifully maintained with potential to add value through interior renovations. 1318 Agate St consists of 9 garden style apartment units across three buildings in the heart of Beryl Heights, Redondo Beach. The front unit is a stand-alone townhouse boasting three bedrooms and two and a half bathrooms. It has a full kitchen with dining area with a living room separated by a fireplace, in unit washer/dryer, exclusive two car garage with private driveway, and a fenced deck. The other two buildings have five spacious two bedroom-two bathroom units and two large two bedroom-one bathroom units. Two of the units have been renovated, proving the market. Each unit opens up to a beautiful courtyard. There is on-site laundry and enclosed garages with storage for the residents. The property is well-maintained and beautifully located. With the Pacific Ocean only one mile away, 1318 Agate St is primely located across the street from a grocery store, a dog park, medical offices and many retail establishments. Residents can walk to shops, have access to local freeways, and enjoy the local pier and surrounding beach communities.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 124,825 |
| Net Operating Income: | $ 217,030 |
Structure
| Community Features: | Biking, Dog Park, Golf, Hiking, Gutters, Park, Watersports |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | RBRMD |
| Land Lease Type: | Fee |
| Total Parking: | 10 |
Interior
| Laundry: | Dryer, Dryer Included, Laundry Area, Washer, Washer Included |
Exterior
| Pool: | No |
Detailed Map
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Income
