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 Do
MLS #
CRPW25187495
MLS Source
California Regional MLS
Days on Site
3
Laundry
Community Facility
Pool
None
Garage/Parking
Garage, Garage: 5 Car(s)
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Co-Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
1314 Agate St is a Residential Income in Redondo Beach, CA 90277. This – square foot property sits on a 5,539 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,150,000 and was built in 1963.
This address can also be written as 1314 Agate St, Redondo Beach, CA 90277.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 21, 2025. For the most current information, please contact Woody Stahl, (310) 425-9838