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.
- Parking:
- 7.00
- New Construction YN:
- 0
- Parking:
- Driveway
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C122805
- Stories:
- 2
- Association:
- 0
- Street:
- Agate
- Street Number:
- 1214
- Street Suffix:
- Street
- Zip4:
- 2308
- Floor Number:
- 0
- Longitude:
- W119° 37' 2.5''
- Latitude:
- N33° 51' 20.3''
- Listing Courtesy of:
- Shield CRE, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 5
- Zoning:
- RBRMD
- Lot Size Square Feet:
- 5,591 Sqft
- List Agent Last Name:
- Jacoli
- List Agent License Number:
- 01938297
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82383
- List Agent First Name:
- Gianluca
- Directions:
- South of Anita Street, West of Harkness Lane, East of Prospect Avenue, North of Beryl Street
- MLSAreaMajor:
- 155 - S Redondo Bch N of Torrance Bl
- Levels:
- Two
- Parcel Number:
- 7502011049
- List Agent License Number:
- 02081496
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
1214 Agate Street, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- 25497359
- List Price :
- $2,150,000
- Year Built :
- 1963
- Lot Area :
- 0.13 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Close Price :
- $2,133,000
- Status :
- Closed
- Price Per Square Foot :
- $512
- Days on Market :
- 13





