CA > Redondo Beach
Redondo Beach, CA 90277,1505 S Catalina
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Redondo Beach, CA 90277,1505 S Catalina
Redondo Beach, CA 90277,1505 S Catalina
Redondo Beach, CA 90277,1505 S Catalina
Redondo Beach, CA 90277,1505 S Catalina
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Joseph Nuzzolo • Thompson Team Real Estate, Inc.
$ 7,950,000
Est. payment /mo
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Active

1505 S Catalina Redondo Beach, CA 90277

7,584 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,584 sqft

Price per Sqft $1,048

MLS Listing ID CRSB25228698

HOA Y/N No

Year Built 1951

Lot Size 0.345 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

This exceptional 11-unit apartment building is being offered for the first time in over 30 years and is located just one minute from the ocean in one of Southern California’s most prestigious and highly sought-after beach communities. The property features a balanced unit mix of 5 two-bedroom/one-bath units, 5 one-bedroom/one-bath units, and 1 studio unit, with all units occupied except the studio, ensuring strong and stable tenancy. Investors will appreciate 10 attached garage spaces with alley access, individually metered utilities for each unit, and the absence of city rent control, providing both efficiency and flexibility in operations. With a pro forma cap rate of approximately 3% and an unbeatable location that ensures consistent long-term demand, this asset presents a once-in-a-lifetime opportunity to acquire a generational trophy property in one of Southern California’s best-performing coastal markets.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry See Remarks

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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