NOT LISTED FOR SALE

221 Calle Miramar Redondo Beach, CA 90277

Riviera Neighborhood
4 Beds
2 Baths
6,240 Sq Ft
1956 Built

Last Sold September 14, 2018

Last sale price $4,178,000 $670 Per Sq Ft

38 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • No HOA
  • Riviera Elementary School Rated A
  • Granite Countertops
  • 1-minute walk to Miramar Park

About This Home

As of September 2018

CASA MIRAMAR - In the heart of the Rivera. Only a handful of comparable 6+ unit buildings have traded in the neighborhood in the past 5+ years. A Legacy Property oozing with pride of ownership, Casa Miramar has not changed hands in over three decades. No wonder why, this generational asset consist of six 1000+ sq. ft. units, each neatly appointed and generously sized with functional floor plans featuring indoor/outdoor living options for the residents and well suited to the South Bay beach lifestyle. On-site laundry and 18 on-site parking spots (6 garage and 12 tandem). All with the beach and the village mere moments away.

Last Agent to Sell the Property

Fikirte Worku

WIN Real Estate Services, Inc. License #02028496 Listed on: 07/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,788 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 12 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 6,240 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 34
  • Tax Tract Number 10303
  • Assessor Parcel Number 7511019029

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $867
  • Fuel Expense $241
  • Gardener Expense $660
  • Insurance Expense $1,699
  • Maintenance Expense $6,073
  • Trash Expense $2,376
  • Water Sewer Expense $1,576
  • New Taxes Expense $48,572
  • Operating Expense $62,196
  • Gross Income $196,366
  • Net Operating Income $134,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 3.07
  • Other Phone Description: Office Cell Ph
  • Other Phone Number: 310.801.1933
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1576.00
  • Zoning: TORR-MD
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 7511019029
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Unfurnished
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 669.55
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 18.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2376.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Near Public Transit, No Landscaping, Park Nearby
  • Lot Size Sq Ft: 7788.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Electric Expense: 867.00
  • Fuel Expense: 241.00
  • Gross Income: 196366.00
  • Gross Multiplier: 21.58
  • Gross Operating Income: 196366.00
  • Gross Scheduled Income: 202440.00
  • Insurance Expense: 1699.00
  • Maintenance Expense: 6073.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 134170.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 62196.00
  • Operating Expense Percent: 31.67
  • Rent Control: No
  • Total Expenses: 62196.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 48572.00
  • Tax Census Tract: 6513.04
  • Tax Lot: 34
  • Tax Tract Number: 10303

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $4,178,000 -4.3% $670 / Sq Ft
07/09/2018 07/09/18 For Sale $4,368,000 -- $700 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Fikirte Worku

    WIN Real Estate Services, Inc.

    (213) 344-9172

    3 Total Sales

    Fikirte Worku
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18163597

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Redondo Beach 90277 Riviera

221 Calle Miramar, Redondo Beach, CA

This home is located at 221 Calle Miramar, Redondo Beach, CA 90277 since 09 July 2018. This property was built in 1956. 221 Calle Miramar is a home located in Los Angeles County with nearby schools including Riviera Elementary School, Edward J. Richardson Middle School, and South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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