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Catalina Village

This ground-up development of a 30-unit townhome project with 3,000 SF of neighborhood retail/restaurant space will be located at Catalina Ave in Redondo Beach, CA. Common, Los Angeles’ market leading, roommate centric  property  manager will brand,  market,  and  operate  the  Project’s  residential  townhomes with flexible leasing options. The Project’s 30 residential units will feature 23 fully furnished townhomes, traditional rental units, low income units.

TARGET IRR

20%

TERM

5yr

MIN. INVESTMENT

25k

PREF

8%

CAPITAL RAISE

12.7M

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Project Highlights

LOCATION

Redondo Beach, CA – at the Pier

ASSET CLASS

Mixed-Use

RESIDENTIAL UNITS

23 Fully Furnished Townhomes, Three 2-Bedroom as Traditional Rental Units, Four Low Income Rentals

RAISE

$14 Million

RESIDENTIAL PROPERTY MANAGER

Common

RETAIL

Includes a Gourmet Coffee Shop, Microbrewery Tasting Room, and Burger Shop

BUILDING

30 Townhome Units with 3,000 Sq. Ft. of Retail/Restaurant Space

PARKING

67 Spaces for the Residences, 11 Spaces for Retail

TOTAL PROJECT COST

$33 Million

LOT SIZE

55,000 Sq. Ft.

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.