325 Calle Miramar
Redondo Beach, CA 90277
- – beds
- – baths
- – sqft
- 8,442 sqft lot
- 1954 build
- – on site
$1.5 MILLION IN PRICE REDUCTIONS. We are pleased to present for sale, 325 Calle Miramar, located just 2 blocks away from Torrance Beach & Miramar Park - in the hot Hollywood Riviera Market. Under $600/sq. ft. 14.95 GRM and 4.19 CAP Rate at Market Rents. First time on the market in over 50 years, this value-add property is a pride of ownership for Long-Term Owner. Rare Opportunity to Purchase a 6-Unit Building 2 Blocks from the Ocean. Can be bought together with the matching next door 6 - unit building at 321 Calle Miramar. An Investment Opportunity for the Discerning Buyer. Rare 6-Unit Building with an Unbeatable Location and over 60% in Rental Upside. 5,853 Sq. Ft. Building on a 8,440 Sq. Ft. Lot Zoned TORR-MD While the physical address of the property is in Redondo Beach, it is technically in City of Torrance. Calle Miramar sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. Tenants of 321 Calle Miramar get the benefits offered by both cities.
Listed By CRMLS_CA / Michael Millea / Lyon Stahl Investment Real Estate, Inc. / 310-233-2800
Last checked:
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Last updated Oct 25, 2024
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MLS# SB24131012 —
The Building
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Year Built:1954
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:5853.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:6
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Stories Total:2
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Entry Location:Front Door
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Laundry:None
Location
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Directions:Palos Verdes Drive South then turn West on Calle Miramar
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Latitude:33.81240700
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Longitude:-118.38873300
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:TORR-MD
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Lot Features:Front Yard, Level with Street, Park Nearby
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Lot Size Area:8442.0000
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Lot Size Acres:0.1938
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Lot Size SqFt:8442.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:E
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Tax Census Tract:6513.04
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Tax Area:9-359
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Tax Tract:10303
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Tax Lot:25
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7511019019
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Sidewalks
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Pool:None
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Private Pool:No
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Association:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:6.00
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Garage Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/30/24
Jul 30, 2024
|
Pending | CRMLS_CA | $3,497,500 | |
7/8/24
Jul 8, 2024
|
Price Changed | CRMLS_CA | $3,497,500 | -12.5% |
6/28/24
Jun 28, 2024
|
Price Changed | CRMLS_CA | $3,995,000 | -20.0% |