![]() Enviously situated on Redondo Beach’s legendary esplanade, this sleek, contemporary home offers soaring, light-filled spaces, ultra-premium finishes and world-class ocean views. Incredible offer by this owner.ĩ04 Esplanade #B is where sea, sky, luxury and technology converge. This is a 5-year term call for other details. The owner will finance 1st TD at that rate if the buyer puts down 35% and will loan at 4% with 25% down. Whether it be for its value-added opportunity, ease of operational ownership, or its spectacular location and security from downside risk, the Catalina View Townhomes is a “must look” for both local and core LA investors looking to build an investment portfolio with multifamily assets in this price range. However, given the current demand for coastal, ocean view rental units, significant rental upside exists and unlike most of the LA region, Redondo Beach has no local rent control restrictions. This asset is virtually in “turn-key” condition and is professionally managed. On the eastern side of the garage, a second large laundry and storage room bookend the enclosed garages. In addition to the 5 garages, each with a private storage area, there is a garage sized storage area with a sink, cabinet, and separate entry. The penthouse suite is technically tied to the owner’s unit, and if desired, using ADU guidelines, one can potentially formally separate the unit.Ĭatalina View Townhomes features several additional spaces that have monetization opportunity via ADU potential, integration into specific units, or via community amenity upgrades. However, premium renovations could move the potential rent beyond the projected pro-forma. ![]() The units are all in updated “rent ready” condition. The property has an ideal mix of four large (2 + 1.5) townhouse style units sharing a large south facing deck over the garages, a beautiful (3 + 2) owner’s unit with a private front yard, and a large penthouse suite with a giant private patio to enjoy the ocean view. The Riviera Village is a charming coastal paradise that is home to pristine beaches, an incredible oceanside boardwalk, and a burgeoning small downtown full of bustling eateries and bars, plentiful public parking, clean air, and nearly perfect weather. The “Catalina View Townhomes” a meticulously maintained, value-added multifamily property, located on 910 S Catalina Ave., in South Redondo Beach CA, just steps from the Riviera Village a trending South Bay community situated perfectly between Hermosa Beach and Palos Verdes. Nothing but peaceful enjoyment atop the most breathtaking Panoramic Ocean View street in the Beach Cities! $4,982,000 ![]() This is where style and elegance connect with beach life. Invite your friends to stop by for another hypnotizing Southern California sunset. INFINITE POSSIBILITIES AT A COMPELLING PRICE NOT TO BE MISSED!Ĭome home and spend the afternoon gazing across the ocean as sailboats jockey for position in the breeze. Bring your vision to this blank canvas and flex your creative muscles to create your own masterpiece. Again, there are numerous possibilities here. This option would offer numerous possibilities such as a massive home office suite, a large children’s play area, a substantial size gym, a luxurious home theater, an enclosed indoor swimming pool, or even a well-appointed guest home for aging parents. This home is uniquely designed in a versatile manner where an additional 1,644 square feet on the bottom floor area may be enclosed offering an option to expand this home from 5,200 to approximately 6,844 square feet. Please see MLS Listing number SB22137684 for more information. You can complete and customize this home yourself and finish it to your taste. You can also purchase this home now for $2,695,000 and start framing immediately with all the groundwork completed. Seize this rare opportunity to own this New Home with Panoramic Ocean Views on all levels from the Basement level to the Roof Deck. Enjoy spectacular Panoramic Ocean Views from Catalina to Malibu on the best ridge of the Beach Cities- atop Paulina Ave, one of the South Bay's most coveted streets.
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