$7,195,000
-$755,0001505 S Catalina, Redondo Beach CA 90277
Multi-Family (11 Units)
Property type
259 days
On market
$949
Price per sqft
10 cars
Garage
1951
Year built
15,028 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Joseph Nuzzolo DRE #01853418 310-533-1333, Thompson Team Real Estate, Inc.
Listing updated: May 26, 2026 at 06:20pm.
Last checked: Jun 13, 2026 at 01:00pm
Source: CRMLS #SB25228698
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 2 | 0 | — | $13,500 | $13,500 | $16,500 | Unfurnished |
| 5 | 1 | 0 | — | $12,325 | $12,325 | $13,200 | Unfurnished |
| 1 | 0 | 0 | — | $0 | $0 | $1,350 | Unfurnished |
# of Buildings: 4
# of Units Total: 11
Separate Electric Meters: 11
Separate Gas Meters: 11
Separate Water Meters: 11
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
23.2x
List Price / Annual Gross Rent
Cap Rate
2.27%
NOI / List Price
Gross Scheduled Income: $309,900
Operating Expense: $46,613
Net Operating Income: $163,287
Annual Operating Expenses
Insurance: $4,250
Professional Management: $0
Trash: $0
Interior
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage Faces Rear
Garage Spaces: 10
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7511008004
Additional Parcels: Yes
Tax Lot: 3
Tax Block: 15
Community
Senior Community: No
Community Features: Curbs