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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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Michael Millea • Lyon Stahl Investment Real Estate, Inc.
$3,497,500
Est. payment /mo
8,432 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRSB24130449

Originating Board California Regional MLS

Year Built 1954

Lot Size 8,432 Sqft

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

Interior

Laundry None

Exterior

Parking Features Assigned Spaces

Garage Spaces 6.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 7511019020

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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