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.
Pending
Listing Provided by:
Michael Millea DRE #01069014 310-233-2800,
Lyon Stahl Investment Real Estate, Inc.
$3,497,500
321 Calle Miramar, Redondo Beach, CA 90277
10beds
6baths
5,853sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$3,696,000 Zestimate®
$598/sqft
$-- HOA
What's special
- 41 days
- on Zillow |
- 19 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 01:56am
Listing Provided by:
Michael Millea DRE #01069014 310-233-2800,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB24130449
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,853
- Total interior livable area: 5,853 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door
- Pool features: None
Lot
- Size: 8,432 Square Feet
- Features: Front Yard, Level with Street
Details
- Parcel number: 7511019020
- Zoning: TORR-MD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $598/sqft
- Date on market: 6/25/2024
- Tenant pays: Electricity, Gas
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