Description
$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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46203851
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1954
- Building Area Total: 5,853
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1938
- Lot Size Source: Assessor
- Lot Size Square Feet: 8442
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Listing Information
Listing Price Information
- Original List Price: 3,497,500
- Listing Contract Date: 2024-06-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7511019019
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 128 - Hollywood Riviera
- Postal Code Plus 4: 6355
- Directions: Palos Verdes Drive South then turn West on Calle Miramar
- Zoning: TORR-MD
- Source Property Type: Residential Income
- Area: 128 - Hollywood Riviera
- Property SubType: Apartment
Building and Construction
- Property Age: 71
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front Door
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
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BuyOwner last updated this listing 01/22/2025 @ 02:59
- MLS: SB24131012
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 5,853 sqft, 8,442 sized lot, and 6 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redondo Beach , in zip code 90277, this Los Angeles County Home are nearby neighborhoods.