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6-Unit Apartment Building
For Sale
$3,495,000

313 Calle Miramar, Redondo Beach, CA 90277

Multifamily property near Torrance Beach with refreshed systems, carport parking, and a landscaped shared yard.

Property Size4,784 SF
Price / SF$730.56
Days on Market33

Property Features for 313 Calle Miramar

General Information

Standard status Active
Size 4,784 SF
Property subtype Multi-family

Building Details

Year Built 1956
Listing Agency: Shield CRE,Inc.
Listed By: Jonathan Nikfarjam
Source: Sevengables
Added: Jul 31 Changed: Aug 30 Last Checked: Aug 30 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shield CRE,Inc.

Investment Insights

Based on property information with market context.

This 6-unit apartment property at 313 Calle Miramar in Redondo Beach was built in 1956 and contains 4,784 square feet. The unit mix includes two 2-bedroom/2-bathroom residences, two 2-bedroom/1-bathroom residences, and two 1-bedroom/1-bathroom residences. One 2-bedroom unit is vacant. Recent work includes replacement of electrical panels and wiring in 2025, plumbing drain updates in 2024, and improvements to the exterior and landscaping. Each residence has its own hot water heater, while six carport spaces serve the property. A landscaped front yard provides shared outdoor space.

The property occupies an 8,747-SF lot near Torrance Beach, the Pacific Ocean, and Riviera Village. The site may offer ADU potential, subject to buyer verification. Rents are approximately 40% below market, with a 5.26% pro-forma cap rate and 13.67 pro-forma GRM. The property is not subject to local rent control; AB 1482 applies.

Key Highlights

  • 6‑unit apartment property with two 2‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and two 1‑bedroom/1‑bath units
  • One 2‑bedroom unit delivered vacant
  • 4,784 square feet on an 8,747‑SF lot

Property Analytics

Current Use

Beach Front Property ... Apartment Building

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Food Market Electrical Service Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,567
Businesses Nearby

Demographics for 90277, CA

37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near Torrance Beach with refreshed systems, carport parking, and a landscaped shared yard.
Where is this apartment building located?
The property is located at 313 Calle Miramar Redondo Beach, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 6‑unit apartment property with two 2‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and two 1‑bedroom/1‑bath units; One 2‑bedroom unit delivered vacant; 4,784 square feet on an 8,747‑SF lot
More about this property
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