1505 S Catalina, Redondo Beach, CA 90277

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1505 S Catalina,Redondo Beach, CA 90277
$7,950,000
  • - Beds
  • - Baths
  • 7,584 sq. ft.
  • Multi-family
  • Active
Listed by: joseph nuzzolo
Office: thompson team real estate, inc.
MLS#:SB25228698
Source:CRMLS

Price summary

  • Price:$7,950,000
  • Price per sq. ft.:$1,048.26

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 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.

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Home facts

  • Year built:1951
  • Listing ID #:SB25228698
  • Added:143 day(s) ago
  • Updated:February 21, 2026 at 02:20 PM

Rooms and interior

  • Living area:7,584 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:7,584 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,950,000
  • Price per sq. ft.:$1,048.26
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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