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Listed by Thompson Team Real Estate, Inc., Joseph Nuzzolo, Listing Contact: 310-922-2229 
3 Beds
0 Baths

$7,195,000

1505 S Catalina, Redondo Beach CA, 90277

Property typeMulti-family

Overview

Active

Listed Sep 30, 2025

Updated Aug 11

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 Californias 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 Californias best-performing coastal markets.

$47,869/mo

Est. mortgage payment based on a $7,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB25228698

Interior Features

Bedrooms
3
Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.35 Acres

Also listed on CLAW and CRMLS

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