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15 Beds
0 Baths
7,584 sqft

$7,195,000

1505 S Catalina, REDONDO BEACH CA, 90277

Price per sqft$948.71
Built in1951
Property size7,584 sqft
Property typeMulti-family

Overview

Active

Listed Sep 30, 2025

Updated 11 days ago

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.

$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
SB25228698MR

Interior Features

Bedrooms
15
Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Garage
Yes

Listed by Joseph Nuzzolo with Thompson Team Real Estate, Inc.
Listing Contact: 310-533-1333 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Accardo Real Estate Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/4/2026

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