Redondo Beach is an affluent, residential beach city in the heart of the Los Angeles South Bay submarket. Redondo benefits from direct access to pristine California beaches, walkable restaurants and night life, top tier education system, and convenient commute times to world class employers.
The Catalina project site is located directly across the water at 100-132 N Catalina Ave in prime Redondo Beach, CA with a public ocean-view park directly across the street and a variety of restaurants, beaches, and outdoor activities within walkable distance. The area continues its rapid expansion, and the widespread diversification in recent years has produced a large amount of professional and business services firms and corporate headquarters in the Los Angeles South Bay area.
100 - 132 N Catalina Avenue | Redondo Beach, CA
Square Feet (Land) 55,000 SF/ Acres 1.26 Acres
Sponsor is seeking additional LP equity totaling $12.7 million
Coastal communities along Los Angeles and the South Bay demonstrate retail cap compression and
high sales per square foot relative to inland submarkets.
TOTAL PROJECT COST
Invest in the ground-up development of a 30-unit townhome project with 3,000 SF of neighborhood retail/restaurant space located at 100-132 N Catalina Ave in Redondo Beach, CA (the "Project").
Our offerings under Rule 506(c) are for accredited investors only.
Neither Paradyme Funding, Inc. nor any of its other affiliates are registered investment advisors and do not provide investment advice. Paradyme Funding, Inc. and all of its affiliates do not guarantee any investment performance, outcome, or return of capital for any investment opportunity posted on the site. Investing in commercial real estate entails risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. This communication is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. All investors should consider such factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate.