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$3,619,800
518 S Catalina AvenueRedondo Beach, CA 90277
Residential Income|Sold 07/31/2025
8
Beds
8
Total Baths
4,248
SqFt
$852
/SqFt
1924
Built
County:
Los Angeles
Listed by Gianluca Jacoli of Shield CRE, Inc. luca@shieldcre.com
Bought with Brendan Mahoney of First Team Real Estate (562) 270-0688
Call Now: (310) 347-1300
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This eight-unit apartment building offers an exceptional investment opportunity in a prime South Redondo Beach location, just a short 800 feet from the Pacific Ocean. Situated on a large 11,309-SF lot, the property features three fully remodeled units and six garages. Investors will appreciate the potential for an Accessory Dwelling Unit (ADU) to further enhance income. Residents can enjoy a common area courtyard and the convenience of being just blocks from Veterans Parks, the Redondo Beach Pier, and King Harbor. With a pro-forma cap rate of 4.84% and the benefit of no local rent control (defaulting to AB 1482), this generational asset presents significant value-add potential in a highly sought-after coastal market.
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Listing Snapshot
Bedrooms
8
Total Baths
8
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
4,248 sqft
Lot Size
0.2596 Acres
Year Built
1924
MLS® Number
25539701
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
| 7 months ago | Listing updated with changes from the MLS® |
General Features
Acres
0.2596
Garage
Yes
Garage Spaces
6
Levels
OneTwo
Number Of Stories
1
Parking
Garage
Parking Spaces
6
Special Circumstances
Standard
SqFt Total
4248
Zoning
RBR-3A
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Community Features
MLS Area
157 - S Redondo Bch W of PCH
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
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