612 S Catalina Ave - Apartments FOR SALE


Redondo Beach, CA 90277
$16,000,000 USD
512-810-0171
612 S Catalina Ave, Redondo Beach, CA for Sale
$16,000,000 USD
Apartments - FOR SALE
1/34
null | 2.64% Cap Rate

612 S Catalina Ave
Redondo Beach, CA 90277


HIGHLIGHTS

  • 2 blocks from the beach

OVERVIEW

Catalina Cove is a beautifully upgraded 26 unit apartment community located just two blocks from the beach in the heart of Redondo Beach. Perfectly positioned near the Redondo Pier and Riviera Village, this coastal gem offers residents the best of beachside living with easy access to dining, shopping, and endless entertainment.The property features modern improvements over the past 10 years including a new sewer line to the City's main, a brand-new roof, oversized 10 foot parking spaces, storage lockers and lush landscaping around the property. Catalina Cove also features a newly added fitness center, a remodeled laundry room with brand new machines. The building was recently painted with a fresh exterior finish in elegant light grey with crisp white trim, giving it a clean, contemporary coastal look with mid century modern eyebrows.Residents enjoy common area patios and access to a stunning rooftop deck with a gas grill and sweeping ocean views, perfect for relaxing or entertaining. Catalina Cove offers a rare opportunity to experience upscale coastal living just steps from the sand. Don't miss out on this one-of-a-kind Redondo Beach gem!

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$556 USD /SF

# OF UNITS

26

PRICE/UNIT

$615,385

CAP RATE

2.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,090 SF

ZONING

R3

APN/PARCEL ID

7508-009-034

ASK ABOUT THIS PROPERTY

Ryan HirshDouglas EllimanMore Info
512-810-0171

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Ryan HirshDouglas EllimanMore Info
512-810-0171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.