1505 S Catalina Redondo Beach, CA ^$ 7,950,000

1505 S Catalina

^$ 7,950,000

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1505 S Catalina

Redondo Beach, CA, 90277

^$ 7,950,000

Studio Baths0.0 Sq 7,584

Monthly Estimate*

^$ 48,950

Listed by Thompson Team Real Estate, Inc.

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Studio

Multi-Family Home for sale in Redondo Beach, CA

for $7,950,000. This 7,584 square foot home was built in 1951 on a lot size of 0.345.

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.

Multi-Family Active

Price

^$ 7,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.345

Year Built

1951

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB25228698

Days on Market

147

Features

General

Sewer Public Sewer

Garage Spaces 10

Pool Features None

Year Built 1951

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 372600

Community Features Curbs

Additional Parcels Description 7511-008-005

County Los Angeles

Net Operating Income 163287

Operating Expense 46613

Insurance Expense 4250

New Construction false

Property Type Residential Income

Contingency Property has to be purchased with 1507 S. Catalina Ave - Redondo Beach CA. Please include both addresses and APNs on all offers.

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Drive South on Catalina from Avenue G

City Redondo Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 11

MLS Area 157 - S Redondo Bch W of PCH

Lot Size Units Square Feet

Lot Size Square Feet 15028

Listing Terms Cash Conventional

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 0

Additional Parcels Y/N true

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 3

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls Item2CommonWalls

Laundry Features See Remarks

Entry Level 1

Exterior

Parking Features Garage Faces Rear

Lot Features Item01UnitAcre

Water Source Public

Total Parking 10

Lot Size Area 15028

Number of Buildings 4

Building Area Total 7584

Lot Size Acres 0.345

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 11

Number of Separate Gas Meters 11

Number of Separate Electric Meters 11

* Excluded Features

List By

Thompson Team Real Estate, Inc.

Broker

joe@2buy.com

Affordability Calculator

$48,950

Per Month

Monthly Principal & Interest: $48,950
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Redondo Beach, CA

Average List Price ^$3,121,964

Percent of Sale Price 61%

About Redondo Beach, CA

66,933 Population

6% Since 2002

^$107,834 Median Income

42.31 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$7,950,000		Listed Price

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1505 S Catalina, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $7,950,000 with 7,584 sqft and a lot size of 0.345. 1505 S Catalina is a studio with 0.0 baths and was built in 1951. The property's zip code is 90277 which is in Redondo Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/23/2026. 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.

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1505 S Catalina

Multi-Family Home for sale in Redondo Beach, CA

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