CA > Redondo Beach
Redondo Beach, CA 90277,1314 Agate Street
Redondo Beach, CA 90277,1314 Agate Street
Redondo Beach, CA 90277,1314 Agate Street
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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$2,150,000
Est. payment /mo
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4,186 SqFt
Active

1314 Agate Street Redondo Beach, CA 90277

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Violet Sinclaire

Violet Sinclaire

+1(415) 713-9420

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,186 sqft

Price per Sqft $513

MLS Listing ID CRPW25187495

HOA Y/N No

Year Built 1963

Lot Size 5,539 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Ask About Potential Assumable Financing Available at 3.95%** 1314 Agate St is a well-positioned 4-unit apartment building in the highly desirable South Redondo Beach neighborhood. Offering a strong unit mix of spacious units, the property provides functional layouts and classic coastal appeal, with significant value-add potential as rents are brought to market levels. This opportunity allows investors to capitalize on South Redondo’s historically strong rental demand and consistent appreciation trends, while benefiting from a well-maintained asset. The property offers ample parking with (5) garage spaces and additional driveway parking, a highly sought-after feature in this beachside community. With a 4.30% CAP rate, 15.61 GRM, and a price of $537,500 per unit, the asset delivers strong in-place income with 21% rental upside. A projected 5.61% market CAP and 12.88 market GRM further highlight the property’s long-term value once rents are adjusted to market. Well-located in South Redondo, the property is just minutes from the Redondo Beach Pier, Riviera Village, and the Strand—offering tenants access to beaches, boutique shopping, dining, and year-round outdoor recreation. The location also provides excellent commuter access, just 7 miles south of LAX and 20 miles from Downt

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

Bay East AOR and Contra Costa AOR
© 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.

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Violet Sinclaire

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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