1505 S Catalina, Redondo Beach, CA 90277

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1505 S Catalina,Redondo Beach, CA 90277
$7,950,000
  • 3 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:joseph nuzzolo
Office:thompson team real estate, inc.
MLS#:SB25228698
Source:San Diego MLS via CRMLS

Price summary

  • Price:$7,950,000

About this home

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.

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Home facts

  • Listing ID #:SB25228698
  • Added:1 day(s) ago
  • Updated:October 01, 2025 at 04:28 AM

Rooms and interior

  • Bedrooms:3

Finances and disclosures

  • Price:$7,950,000
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