- N/A BR
- 0 BA
- N/A SqFt.
- 8,442 Lot
- $3,497,500
- Pending
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.
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Property Details for 321 Calle Miramar
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Michael Millea
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc.
- Type
- Residential Income, Apartment
- Year Built
- 1954 (Assessor)
- MLS Area
- 128 - Hollywood Riviera
Price and MLS Information
- Status
- Pending | Listing History
- MLS Days on Mkt.
- 28 DOM
- Combined DOM*
- 28
- First Date Active
- June 25th, 2024
- Current Price
- $3,497,500
- Orig. List Price
- $4,995,000
- MLS® #
- SB24130449
- APN
- 7511019020
- Special
- Standard
Home Interior Information
- Levels/Stories
- Two
Room Information
- Laundry
- None
Exterior Information
- Lot Description
- Front Yard, Street Level
- Lot Size (sq. ft.)
- 8,432
- Lot Size (acres)
- 0.19
- Pool
- None
- Parking Spaces
- 6
- Garage Spaces
- 6
Utilities Information
- Water Source
- Public
Additional Information
- Zoning
- TORR-MD
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
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Listing/Price History
321 Calle Miramar, Redondo Beach, (MLS® #SB24130449)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced (from $3,995,000) | $3,497,500 | $497,500 (12.45%) | |
| Price Reduced | $3,995,000 | $1,000,000 (20.02%) | |
| First Day Active | $4,995,000 | – |
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Listing Summary
Quick Summary of 321 Calle Miramar: This home in Redondo Beach is priced at $3,497,500 . The Apartment residence was originally built in 1954 and was listed on June 25th, 2024 at $4,995,000, showing 28 Days on Market currently. Contact Dave Fratello today for more information or to go see 321 Calle Miramar.
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Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 6:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
