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    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 from LA City Rent Control, designed to generate reliable passive income for years to come.

    Features
    Parking:
    7.00
    New Construction YN:
    0
    Parking:
    Driveway
    Senior Community:
    0
    List Agent Agent ID:
    CLW-C122805
    Stories:
    2
    Association:
    0
    Address Map
    Street:
    Agate
    Street Number:
    1214
    Street Suffix:
    Street
    Zip4:
    2308
    Floor Number:
    0
    Longitude:
    W119° 37' 2.5''
    Latitude:
    N33° 51' 20.3''
    MLS Addon
    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

    0.13 Sqft
    $2,150,000
    Listing ID #25497359
    Basic Details
    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
    Agent info
    Contact Agent
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