313 Calle Miramar 10BR La
| Website: | https://www.nestseekers.com/5671342 |
|---|---|
| Address: | 313 Calle Miramar REDONDO BEACH, CA 90277 |
| Cross street: | Calle Miramar & Via Riviera |
| Ownership: | For Sale |
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| Bedrooms: | 10 BR |
| Bathrooms: | 8 |
| Area: | 8747 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,495,000
Annual Taxes:$43,687
Description
Prime Hollywood Riviera Location: 6-unit apartment located just two blocks from Torrance Beach, the Pacific Ocean, and within a few blocks of Riviera Village. Recent Capital Improvements: All new electrical panels and wiring (2025), updated plumbing drains (2024), and recent exterior and landscaping improvements. Outstanding Unit Mix: Comprised of (2) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units, and (2) 1-bedroom/1-bathroom units, with one of the 2-bedroom units delivered vacant. Desirable Property Amenities: Individual hot water heaters for each unit, six carport parking spaces, and a spacious, landscaped common area front yard. Large 8,747-SF Lot: Expansive parcel offering desirable ADU potential (Buyer to Verify). Strong Value-Add Opportunity: Rents are approximately 40% below market, equating to a 5.26% pro-forma cap rate and 13.67 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-278-8861 Fax: +1 310-362-0351 | |
| Listing Courtesy of Shield CRE, Inc. | |
