Redondo Beach, CA 90277,321 Calle Miramar
Redondo Beach, CA 90277,321 Calle Miramar
Redondo Beach, CA 90277,321 Calle Miramar
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Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
$3,497,500
Est. payment /mo
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5,853 SqFt
Pending

321 Calle Miramar Redondo Beach, CA 90277

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,853 sqft

Price per Sqft $597

MLS Listing ID CRSB24130449

HOA Y/N No

Year Built 1954

Lot Size 8,432 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

OVER $1.5 MILLION IN PRICE REDUCTION. We are pleased to present for sale, 321 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 325 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 8,430 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

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Level, Front Yard

Water Public


Bay East AOR and Contra Costa AOR

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agent

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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321 Calle Miramar