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$ 2,150,000
Est. payment /mo
Active
1214 Agate Street Redondo Beach, CA 90277
8 Beds
4,170 SqFt
UPDATED:
02/19/2025 02:15 PM
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,170 sqft
Price per Sqft $515
MLS Listing ID CL25497359
Bedrooms 8
HOA Y/N No
Year Built 1963
Lot Size 5,591 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
Maximize Your Passive Income with This Prime south Redondo 4-Unit Investment Opportunity!1214 Agate Street is a well maintained 4-unit property in the highly desirable North Redondo neighborhood, less than a mile from the beach and King Harbor. This is the ideal investment for the discerning passive income seeker. The property boasts an excellent unit mix: one spacious 3-bedroom/2.5-bathroom unit, two 2-bedroom/2-bathroom units, and a 1-bedroom/1-bathroom unit, ensuring diverse tenant appeal and consistent rental income. Crucially, this property is not subject to LA City Rent Control, offering significant upside potential under AB-1482 and allowing you to maximize your returns. The 4,170 square feet of living space and five garage spaces provide ample room and convenience, attracting quality tenants. Beyond the property's impressive features, its location is an A+ Beach City location. Residents enjoy easy access to the Redondo Beach Pier, The Strand, Hermosa Beach Pier, and the area's robust job market, anchored by prominent employers like Northrup Grumman, Mattel, and numerous aerospace defense companies. This translates to high tenant demand and minimal vacancy. 1214 Agate Street is more than just a property; it's a strategic investment in a thriving coastal community exempt fr
Location
State CA
County Los Angeles
Zoning RBRM
Interior
Fireplace No
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 7502011049
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Gianluca Jacoli • Shield CRE, Inc.