CA > Redondo Beach
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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John Herkenrath

John Herkenrath

+1(310) 221-2910
$3,497,500
Est. payment /mo
8,433 Sqft Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB24130449

HOA Y/N No

Year Built 1954

Lot Size 8,433 Sqft

Property Sub-Type Apartment

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

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

Total Parking Spaces 6

Private Pool No

Building

Lot Description Front Yard, 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 7511019020

Energy Description 2000.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc. • 310-233-2800
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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