1509 S Catalina Avenue

    Redondo Beach, CA 90277
    • $2,888,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 18353016
    UPDATED: 57 min ago
    $2,888,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,042
      SQFT
    • $949
      $/SQFT
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    We are pleased to present 1509 S Catalina Avenue, a five-unit apartment building in Redondo Beach, CA. This non-rent-controlled property is composed 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 a beautiful courtyard. Just steps from the beach, this property is also in the vicinity of many trendy boutiques, restaurants, and night-life 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 granite counter tops, private washers and dryers, and covered parking spaces. Held by the same family for generations, this is the first time this jewel has been on the market in decades.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-22T00:32:25.017. 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. 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, 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.
    www.playavistaliving.com/homes/84455672

    1509 S Catalina Avenue Redondo Beach, CA 90277

    • Price: $2,888,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 18353016
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,042
    SQFT
    $949
    $/SQFT
    1948
    Built
    Neighborhood:
    157 - S Redondo Bch W of PCH
    County:
    Los Angeles
    Area:
    157 - S Redondo Bch W of PCH
    Property Description
    We are pleased to present 1509 S Catalina Avenue, a five-unit apartment building in Redondo Beach, CA. This non-rent-controlled property is composed 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 a beautiful courtyard. Just steps from the beach, this property is also in the vicinity of many trendy boutiques, restaurants, and night-life 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 granite counter tops, private washers and dryers, and covered parking spaces. Held by the same family for generations, this is the first time this jewel has been on the market in decades.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 25.74 Gross Operating Income 112200.00 Improvements Amount 102644 Land Value 133065 Laundry YN No Net Operating Income 62510.00 Special Listing Conditions Standard Total Expenses 46324.00 Zoning Rbr-3A

    Listing provided courtesy of Joshua Ross of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-22T00:32:25.017. 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. 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, 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.
     
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