313 Calle Miramar

Property Overview

Price reduced by $195,000! 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 5.64% pro-forma cap rate and 12.91 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).

Home Details

Property type: Residential Income
Year built: 1956
Living area: 4,784 sq ft
Lot size: 8,747 sq ft
Parking: 6 spaces
Carport: 6 spaces
Stories: 2
Days on market: 69
MLS status: Active
Zoning: TORR-MD

Features & Amenities

Parking

Covered
Carport

Location & Neighborhood

Redondo Beach, CA 90277

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Frequently Asked Questions About 313 Calle Miramar

Property type: Residential Income

The current asking price is $3,300,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 313 Calle Miramar. Our team will confirm availability and timing.

This 10 bedrooms and 8 bathrooms property offers approximately 4,784 square feet of living space. It was built in 1956. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Redondo Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Redondo Beach property.

The MLS currently reports the property as Active. It has been listed for 69 days. Status can change, so verify availability before relying on it.