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$3,619,800

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds
  • 6 Car Garage
See This Home
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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.

Full Property Details for 518 S Catalina Ave

General

  • Sold For: $3,619,800
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25539701
  • Added to Site: 246 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: Other

Parking

  • Garage: Yes
  • Garage Spaces: 6
  • Covered Spaces: 6
  • Garage Description: Garage

Location

  • Area: S. Redondo Beach South of PCH
  • County: Los Angeles
  • Cross Streets: Catalina Avenue & Sapphire Street
  • Driving Directions: West of PCH, South of Ruby Street, North of Sapphire Street, East of Esplanade

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • # Buildings: 7
  • Stories/Levels: 1
  • Square Feet: 4,248
  • Sq. Ft. Source: Estimated
  • Year Built: 1924
  • Year Built Source: Other

Unit Information

  • Units in Complex: 8
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.2581
  • Lot Size: 11309
  • Lot Size Source: Estimated
  • Alley: Yes
  • Zoning: RBR-3A

Financial Considerations

  • Price Per Sq. Ft.: $929.85
  • Price Per Unit: 493750
  • Assessment Year: 1924

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 7508-010-021

Listed by Shield CRE, Inc., Gianluca Jacoli
Sold by First Team Real Estate, Brendan Mahoney

Listing agent

— 518 S Catalina Ave —

  • Gianluca Jacoli

    Shield CRE, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 518 S Catalina Ave

School District:Redondo Beach Unified School District
NameGradesDistance
Alta Vista Elementary School, Redondo Beach, CA
815 Knob Hill Avenue, Redondo Beach, CA 90277
K-50.6 mi
Parras (Nick G.) Middle School
200 North Lucia Avenue, Redondo Beach, CA 90277
6-80.9 mi
Redondo Union High School
One Sea Hawk Way, Redondo Beach, CA 90277
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 518 S Catalina Ave

Date
Details
Price
Change
Source
7/31/2025
Sold
$3,619,800
-8.36%
MLS
5/16/2025
Listed
$3,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Shield CRE, Inc., Gianluca Jacoli
Sold by First Team Real Estate, Brendan Mahoney

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518 S Catalina Ave, Redondo Beach, CA 90277 (MLS# 25539701) is a Multi-Family property that was sold at $3,619,800 on July 31, 2025. Want to learn more about 518 S Catalina Ave? Do you have questions about finding other Multi-Family real estate for sale in Redondo Beach? You can browse all Redondo Beach real estate or contact a Coldwell Banker agent to request more information.