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 from la city rent control, designed to generate reliable passive income for years to come.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48597374
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 8
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 4,170
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1284
- Lot Size Source: Estimated
- Lot Size Square Feet: 5591
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Listing Information
Listing Price Information
- Original List Price: 2,150,000
- Listing Contract Date: 2025-02-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 7502011049
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 155 - S Redondo Bch N of Torrance Bl
- Postal Code Plus 4: 2308
- Directions: South of Anita Street, West of Harkness Lane, East of Prospect Avenue, North of Beryl Street
- Zoning: RBRMD
- Source Property Type: Residential Income
- Area: 155 - S Redondo Bch N of Torrance Bl
Building and Construction
- Property Age: 62
- Year Built Source: Other
- Total Square Feet Living: 4170
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 02/23/2025 @ 01:27
- MLS: 25497359
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 4,170 sqft, 5,591 sized lot, and 5 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redondo Beach , in zip code 90277, this Los Angeles County Home are nearby neighborhoods.