$3,100,000
●
House -
Off Market
411 Paseo Miramar
Redondo Beach, CA 90277
4 Beds
4 Baths
3,134 Ft²
$3,320,653
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Welcome to the Riviera Beach Colony Community! Discover this
fantastic and coveted South Redondo Beach location with A+
walkability. This exclusive neighborhood of single-family estate
homes is located one block to the beach and steps to downtown.
Experience the elegance and privacy the moment you enter the gates
of the highly sought-after gated community. The home's main level
features a warm and welcoming ambiance as you enter a
sunlight-filled living room and spacious floor plan with ocean
views from the kitchen and family room, formal living room, dining
room, and office with a private balcony. The large deck off the
family room has a spiral staircase leading to the grassy backyard
to enjoy Southern California's indoor-outdoor living. All the
bedrooms are located on the lower level with the laundry room.
Location, location, location, steps to the beach, bike path, and
charming Riviera Village restaurants and shops. Envision your new
beginning and discover your new beach lifestyle. Enjoy Southern
California 365 days a year! To Live, Live by the Sea!
Unit Size
3,134 Ft²
Days on Market
68 days
Land Size
0.14 acres
Price per sqft
$1,051
Property Type
House
Property Taxes
-
HOA Dues
$385
Year Built
1999
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (CRMLS #SB22049393)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2022 | Listed by Beach City Brokers | $3,295,000 | |
| Listed by Beach City Brokers | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Torrance
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Listed by: Justin Miller, Beach City Brokers
Last Updated: 10 months ago
Data Source: CRMLS, MLS# SB22049393
Last Updated: 10 months ago
Data Source: CRMLS, MLS# SB22049393
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