Jennifer Walter
    Jennifer Walter
    (310) 594-3985jennifergwalter@gmail.com
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    • Jennifer Walter(310) 594-3985
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    • Redondo - Pacific Coast Highway
      200 South Pacific Coast Hwy
      Redondo Beach, CA 90277
      (310) 543-3536
    • Redondo - South Catalina
      1716 South Catalina Ave
      Redondo Beach, CA 90277
      (310) 543-3536
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      431 Main Street
      El Segundo, CA 90245
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    CA BRE# 01311124

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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $7,950,000
      For Sale

      1505 S Catalina

      Redondo Beach, CA 90277
      0.35 acres | #SB25228698
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      Listing OfficeThompson Team Real Estate, Inc.
      34 photos
      Type:Multi-Family
      Structure:House
      Zone:Residential

      Description

      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.

      • Property Details
          • Lot DescriptionZeroToOneUnitAcre
          • Property TypeMulti-Family
          • Sewer InformationPublicSewer
          • CountyLos Angeles
          • Original List Price$7,950,000
          • MLS #SB25228698
          • MLS #SB25228698
          • Property SubtypeApartment
          • Cost7950000
          • Utility SourcePublic
          • Acres0.345
          • Year Built1951
          • Parking Spaces10
          • Stories2

      Location

      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Yesterday at 8:29 PM. Source: CRMLS

      Provided By
      Listing Agent: Joseph Nuzzolo (#SBNUZZJOS)
      Listing Office: Thompson Team Real Estate, Inc. (#sb1292020)

      Jennifer WalterReal Estate Group
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