New
$2,295,000
9 bd · 8 ba · 4,610 sqft · 7,227 sqft lot
1102 Opal St, Redondo Beach, CA 90277
Multi-family · Built 1965 · $498/sqft ·
$14,056/mo est. payment
- Garage
- 6 cars
- Stories
- 2
3D tourFlood factor 1/10
About this home
Fourplex in South Redondo Beach on a Quiet Residential Cul-de-Sac Street | Exceptional Owner-User Opportunity with Renovated 2-Bedroom/2-Bathroom Unit Delivered Vacant | One Mile from the Redondo Beach Pier, King Harbor & Pacific Ocean | Outstanding Unit Mix of Three-Bedroom & 2-Bedroom Units | Front 3-Bedroom Townhouse with Open Floor Plan, Vaulted Ceilings, Fireplace, Large Private Deck & Private Yard | Each Unit Contains Private Outdoor Space | Newer Roof & Full Copper Plumbing | 4.73% Current Cap Rate & 14.51 Current GRM | 5.98% Pro-Forma Cap Rate & 12.22 Pro-Forma GRM | 4,610-SF Building on a Large 7,300-SF Lot | No Local Rent Control - Defaults to AB 1482 | Property is on RUBs Program Reduces Operational Expenses for Landlord | Six Garage Spaces | Desirable Opportunity to Add ADUs | On-Site Laundry Facility | All Electric Building | Qualifies for Residential Financing
Facts and features
Bedrooms
- Bedrooms: 9
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Appliances
- Laundry Features: Room, Laundry Area
Land Info
- Lot Size Acres: 0.1659
- Lot Size Source: Estimated
- Lot Size Square Feet: 7300
Garage and Parking
- Garage Spaces: 6
- Parking Features: Garage
- Parking Total: 6
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 4
- Unit Type: 3+2 | 2+2
- Bedrooms in Unit-1: 3
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 2
- Total Bathrooms in Unit-1: 2
Rental Info
- Gross Income: 160363
- Gross Scheduled Income: 155552
- Vacancy Allowance: 4811
Other Property Info
- Annual Tax Amount: 28668
- Source Listing Status: Active Under Contract
- County: Los Angeles
- Cross Street: Opal Street & Prospect Avenue
- Cap Rate: 4.73
- Directions: South of Torrance Boulevard, West of Palos Verdes Boulevard, East of PCH, North of Pearl Street
- Source Property Type: Residential Income
- Area: S. Redondo Beach South of Torrance Blvd
Schools
- 8
Alta Vista Elementary School
elementary · K-5 · 0.6 mi
- 7
Parras (Nick G.) Middle School
middle · 6-8 · 0.6 mi
- 10
Redondo Union High School
high · 9-12 · 0.8 mi
Bishop Montgomery High
high · 9-12 · 0.1 mi
Bishop Montgomery High School
high · 9-12 · 0.2 mi
South Bay Faith Academy
elementary · K-12 · 0.6 mi
Price history
- Oct 20, 2026 · Listed$2,295,000
- Jan 4, 2024 · Listing Removed—
- Dec 5, 2023 · Listed For Rent$4,445
- Mar 1, 2023 · Listing Removed—
- Feb 28, 2023 · Listing Removed—
- Feb 14, 2023 · Listed For Rent$4,195
- Feb 13, 2023 · Listed For Rent$4,195
- Feb 10, 2023 · Listing Removed—
Tax history
- 2025$25,609 tax · $2,207,054 assessed
- 2024$24,501 tax · $2,163,779 assessed
- 2023$24,055 tax · $2,079,759 assessed
- 2022$23,739 tax · $2,038,980 assessed
- 2021$23,322 tax · $1,999,000 assessed
- 2020$23,584 tax · $1,999,200 assessed
- 2019$23,103 tax · $1,960,000 assessed
- 2018$12,971 tax · $1,067,173 assessed
Home value
$2,909,000
- Collateral Analytics$2,909,000
- Quantarium$2,601,497
Where it is
Listed by Jonathan Nikfarjam · Shield CRE, Inc. · TheMLSCLAW
