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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 typeCondominium
Listed by Joseph Nuzzolo CA DRE# 01853418 with Thompson Team Real Estate, Inc. 310-922-2229

Overview

Active

Listed Sep 30, 2025

Updated 3 weeks 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
SB25228698

Interior Features

Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Joseph Nuzzolo CA DRE# 01853418 with Thompson Team Real Estate, Inc. 310-922-2229

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:25 AM UTC Last Checked: 1:25 AM UTC

 

 

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