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Listing 11 out of 172
$3,195,000 For Sale

1509 S Catalina Avenue
Redondo Beach, CA 90277

3 units | Multi Family Home
7479 sq ft - MLS# 18343198
Property Photo
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Description

Marcus & Millichap is pleased to present 1509 Catalina Avenue, a five-unit multifamily apartment building in Redondo Beach, CA. This non-rent controlled property is composed of an idyllic unit mix of two, detached one-bedroom/one-bathroom homes and a three-unit structure to the rear of the property composed of two, one-bedroom/one-bathrooms and one studio/one bathroom connected by an immaculately maintained courtyard. Located just steps from the beach, the units are conveniently housed one block north of the world-renowned Riviera Village containing Trader Joe's, The Riviera Farmer's Market, Starbucks, Turquoise Restaurant, Hennessey's Tavern, Rebel Republic, Sacks on the Beach and Three Rivers Day Spa, and many other boutique shops, restaurants, and nightlife options. As such, this asset is a dream attraction for tenants seeking the ultimate beach-city lifestyle.Built in 1948 and tastefully renovated by current ownership, each unit has been revamped with hardwood floors and granit

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90277
  • Year Built: 1948
  • Units: 3 units
  • Lot Size: 7479 sq ft
  • Zoning: RBR-3A
  • Area: 157 - S Redondo Bch W of PCH
  • Building Area Total: 3042.00
  • Cooling: See Remarks
  • Cooling YN: Yes
  • Directions: 1509 S Catalina Redondo Beach, CA 90277
  • Gross Multiplier: 28.48
  • Gross Operating Income: 108834.00
  • Improvements Amount: 102644
  • Land Value: 133065
  • Laundry Features: See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 01918715
  • Listing Office License: 00530854
  • Lot Size Units: Square Feet
  • MLS: CL
  • Net Operating Income: 60704.00
  • Number Of Buildings: 2
  • Stories Total: 2
  • Total Expenses: 48130.00
Courtesy of Marcus & Millichap, Joshua Ross

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Krystyna Baty
Broker Associate
The Real Estate Group
Phone: 310.918.5027
Email: batyrealestate@gmail.com
BRE # 01485187

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Krystyna Baty | Broker Associate | The Real Estate Group
Phone: 310.918.5027 | Email: batyrealestate@gmail.com
BRE # 01485187