213 Calle Miramar

Redondo Beach, CA 90277

$5,300,000
Price
14
Beds
14
Baths
7,048 Sq. Ft.
$752 / Sq. Ft.
7,048
Sq. Ft.
$752
per Sq. Ft.

Description

Huge price reduction! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas...Huge price reduction! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas as 8 out of 10 Units are currently vacant, offering an investor the ability to begin their remodeling workday 1. The property offers subterranean gated parking. Seller has in-place plans, renderings, and other information for a remodel, which can be provided to perspective buyers. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482.
  1. Listed by Gianluca Jacoli • DRE #01938297 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 213 Calle Miramar

Zoning
TORR-MD
Cross Streets
Calle Miramar & Paseo De La Playa
Parcel Number
7511019031
Total Units
10.0
Living Area
7048
Source Living Area
Estimated
Area
Hollywood Riviera (128)
Vacancy Rate
8
LISTING UPDATED: 10/01/2024 12:48 PM

Property Details for 213 Calle Miramar

StatusActive
MLS #24-420251
Days on Market119
Taxes$58,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.18 AC / 7,906 SF
CountyLos Angeles County

Building Information for 213 Calle Miramar

Stories2Residences-Year Built1959Building Size-Lot Size0.18 AC / 7,906 SF

Property Information for 213 Calle Miramar

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2+2, 1+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $383,232
  • Net Operating Income: $298,741.00
  • Gross Income: $383,232
  • Cap Rate: 5.64%
  • Gross Rent Multiplier: $13.83
  • Actual Annual Gross Rent: $383,232.00
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: .00%
  • Total Annual Expense: 84491
Land / Lot Info
Land / Lot Info
  • Paved: Yes
  • Lot Acreage: 0.1805
  • Lot Size Square Feet: 7906
  • Lot Size Dimensions: 70x128
  • Source Lot Size Dimensions: Other
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 10
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Construction MVO: Frame and Stucco
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 07-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,588.00
  • Unit Actual Rent: $14,350.00
  • Unit Projected Rent: $15,800.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,931.00
  • Unit Actual Rent: $17,586.00
  • Unit Projected Rent: $18,900.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 10
  • Number of Gas Meters: 10
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.11%
  • Assessed Improvement Value: $459,732.00
  • Assessed Improvement Percent: 12.96
  • Assessed Land Value: $3,086,830.00
  • Assessed Land Percent: 87.04
  • Assessed Total Value: $3,546,562.00

Property History for 213 Calle Miramar

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 213 Calle Miramar

Taxable ValueLand$3,148,566Additions$470,036Total$3,618,602
Tax Record2024$41,669 ($3,472 / month)
Home Facts
Total Finished SqFt7,048 SqFtAbove Grade Finished SqFt7,048 SqFtLot Size7,906 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningTORR-MDCountyLOS ANGELESAPN7511-019-031

Schools near 213 Calle Miramar

This home is within Torrance Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Riviera Elementary School
PublicK to 5

Edward J. Richardson Middle School
Public6 to 8

South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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213 Calle Miramar is a multi-family home for sale in Redondo Beach, CA 90277. This property was listed for sale on July 26, 2024 by Shield CRE, Inc., it's currently listed at $5,300,000. It has been on the market for a total of 119 days and was last sold on September 1, 2005. This listing's school district is Torrance Unified School District. Nearby schools include Riviera Elementary School, Edward J. Richardson Middle School and South High School. 213 Calle Miramar is a 14-bed, 14-bath, 7,048 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.