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).
- Parking:
- 6.00
- New Construction YN:
- 0
- Parking:
- Carport, Covered
- Senior Community:
- 0
- List Agent Agent ID:
- CLW-C100141
- Stories:
- 2
- Association:
- 0
- Street:
- Calle Miramar
- Street Number:
- 313
- Zip4:
- 6351
- Floor Number:
- 0
- Longitude:
- W119° 36' 40.6''
- Latitude:
- N33° 48' 46.7''
- Listing Courtesy of:
- Shield CRE, Inc.
- TaxAnnualAmount:
- $0
- Zoning:
- TORR-MD
- Lot Size Square Feet:
- 8,747 Sqft
- List Agent Last Name:
- Nikfarjam
- List Agent License Number:
- 01856803
- Special Listing Conditions:
- Standard
- List Office ID:
- CLW-X82383
- List Agent First Name:
- Jonathan
- Directions:
- West of Palos Verdes Boulevard, South of Vista Del Mar, East of Paseo De La Concha, North of Via Riviera
- MLSAreaMajor:
- 128 - Hollywood Riviera
- Levels:
- Two
- Parcel Number:
- 7511019022
- List Agent License Number:
- 02081496
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
313 Calle Miramar, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 26868125
- List Price :
- $3,495,000
- Year Built :
- 1956
- Lot Area :
- 0.20 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Status :
- Active
- Price Per Square Foot :
- $731
- Days on Market :
- 9
