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    1505 S Catalina Ave Redondo Beach, CA 90277

    For Sale
    $7,950,000

    Apartment - Redondo Beach, CA

    Type:Apartment
    Property size:
    7,584 SF
    Lot size:
    15,028.00 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 1505 S Catalina Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    APN
    7511008004
    Parking
    10
    Parking features
    Garage
    Exterior features
    Community Features Included: Curbs, 0-1 Unit/Acre
    Size
    7,584 SF
    Lot size
    15,028.00 Acres

    Building Details

    Year built
    1951
    Floors in Building
    2
    Number of units
    11
    Architectural style
    Other

    Thompson Team Properties (310) 493-2177 [email protected]

    Listing agent Joseph Nuzzolo (310) 493-2177 License #01853418

    Listing date Sep 30, 2025

    MLS# SB25228698 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redondo Beach Apartment Building Opportunity

    This 11-unit apartment building is located one minute from the ocean in Redondo Beach, California. The property features a unit mix of 5 two-bedroom/one-bath units, 5 one-bedroom/one-bath units, and 1 studio unit. All units are occupied except the studio. There are 10 attached garage spaces with alley access. Utilities are individually metered for each unit. The property is located in a coastal market and comprises 7584 square feet on a lot of approximately 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redondo Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.387437
    Latitude
    33.832316

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    FAQs

    What type of property is this?
    Apartment building - Eleven-unit apartment building near the ocean in Redondo Beach, CA.
    Where is this apartment building located?
    The property is located at 1505 S Catalina Ave Redondo Beach, CA.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: - Prime location: Just one minute from the ocean in a highly sought-after Southern California beach community.; - Strong income potential: Features a balanced unit mix (5 2-bed/1-bath, 5 1-bed/1-bath, 1 studio) with all units currently occupied except the studio.; - No city rent control: Offers operational flexibility for the new owner.
    (310) 493-2177
    Request Owner's contact information
    1505 S Catalina Ave Redondo Beach, CA 90277
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    Redondo Beach, CA 90277
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505 S Catalina Ave Redondo Beach, CA 90277
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