313 Calle Miramar

Torrance CA 90277

4784 sq. ft.

8747 sq. ft.

Other

Currently for sale - view listing

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).

Features

10 bedrooms

8 bathrooms

6 carspaces

6 carport spaces

4784 sq. ft. floor area

8747 sq. ft. lot size

Other

Property history for 313 Calle Miramar

2021

Sold

$3,700,000

15 Nov 2021 by Gianluca Jacoli, of Shield CRE, Inc.

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