325 Calle Miramar Pending Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90277
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SB24131012
HOA Y/N No
Year Built 1954
Lot Size 8,441 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 128 - Hollywood Riviera
Zoning TORR-MD
Interior
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Sidewalks,Park
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard,Near Park,Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7511019019
Energy Description 2000.0
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard