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16-Unit Apartment Building Near Beach
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628 S Catalina Ave, Redondo Beach, CA 90277

Corner-lot multifamily property with a swimming pool, covered parking, garages, and on-site laundry.

Property SizeContact for details
Days on Market144

Property Features for 628 S Catalina Ave

General Information

Standard status Active
Total Parking Spaces 16
Property subtype Multifamily

Units

Unit Mix 12 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 16

Additional Details

Cap Rate 3.16%

Amenities

swimming pool
on-site laundry
Listing Agency: BRC Advisors Inc
Listed By: John Katnik · License #02002695
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRC Advisors Inc

Investment Insights

Based on property information with market context.

This 16-unit apartment property occupies an oversized corner lot at 628 S Catalina Ave in Redondo Beach. The unit mix includes 12 one-bedroom, one-bath residences and four two-bedroom, one-bath residences. Property amenities include a swimming pool, on-site laundry, 14 covered carport spaces, and two garage spaces. The asset is currently operating at a 3.16% cap rate, with a pro forma cap rate of 4.84%.

The property is located one block from the beach and less than a mile from Riviera Village, a nearby destination for restaurants and retail. Its established apartment configuration, varied unit mix, parking improvements, and resident amenities provide a substantial multifamily offering in the South Bay.

Key Highlights

  • 16 apartment units with 12 one‑bedroom and 4 two‑bedroom residences
  • Oversized corner lot at 628 S Catalina Ave, Redondo Beach, CA 90277
  • 14 covered carport spaces plus 2 garage spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Food Market Pharmacy Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,613
Businesses Nearby

Demographics for 90277, CA

37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner-lot multifamily property with a swimming pool, covered parking, garages, and on-site laundry.
Where is this apartment building located?
The property is located at 628 S Catalina Ave Redondo Beach, CA.
What are key features of this property?
This property features: 16 apartment units with 12 one‑bedroom and 4 two‑bedroom residences; Oversized corner lot at 628 S Catalina Ave, Redondo Beach, CA 90277; 14 covered carport spaces plus 2 garage spaces
(424) 325-2604 Call to check price and availability
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