1314 Agate Street, Redondo Beach, CA 90277
Local realty services provided by:Better Homes and Gardens Real Estate Registry



1314 Agate Street,Redondo Beach, CA 90277
$2,150,000
- 9 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:woody stahl
Office:lyon stahl investment real est
MLS#:PW25187495
Source:SANDICOR
Price summary
- Price:$2,150,000
About this home
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 Redondos 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 propertys 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 Strandoffering 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 Downtown LA, with top-rated schools in the Redondo Beach Unified School District. With its coastal proximity, strong appreciation potential, and value-add upside, this is an exceptional investment opportunity in one of LAs most in-demand coastal rental markets.
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Home facts
- Listing Id #:PW25187495
- Added:1 day(s) ago
- Updated:August 21, 2025 at 04:31 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
Finances and disclosures
- Price:$2,150,000
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