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Real Estate Listing at Properties from The Knight Group LA

Properties

The Knight Group LA

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$7,950,000
16 Days On Site

1505 S Catalina
Redondo Beach, CA 90277

For Sale|Apartment|Active
0
Beds
0
Total Baths
7,584
SqFt
$1,048
/SqFt
1951
Built
County:
Los Angeles
Listed by Joseph Nuzzolo of Thompson Team Real Estate, Inc. joe@2buy.com
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
1505 S Catalina1505 S Catalina1505 S Catalina1505 S Catalina
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Mortgage Calculator

Monthly Payment (Est.)

$36,271
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$7,950,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,584 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.345 Acres
Year Built 
1951
MLS® Number 
SB25228698
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.345
Garage 
Yes
Garage Spaces 
10
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Garage Faces Rear
Parking Spaces 
10
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7584
Water Source 
Public
Interior Features
Laundry Features 
See Remarks
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Curbs
Financing Terms Available 
CashConventional
MLS Area 
157 – S Redondo Bch W of PCH
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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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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