313 Calle Miramar 10BR La


Property

Website:https://www.nestseekers.com/5671342
Address:
313 Calle Miramar
REDONDO BEACH, CA 90277
Cross street:Calle Miramar & Via Riviera
Ownership: For Sale
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).

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Shield CRE, Inc.

313   Calle Miramar  REDONDO BEACH CA 90277 USA