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1505 S Catalina, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:CENTURY 21 Masters
1505 S Catalina,Redondo Beach, CA 90277
$7,195,000
  • 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:$7,195,000

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:306 day(s) ago
  • Updated:August 03, 2026 at 02:06 PM

Rooms and interior

  • Bedrooms:3

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$7,195,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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