Executive Summary

Beach City Capital (the “Sponsor”) is pleased to introduce a 32-unit townhome apartment project with 3,000 SF of neighborhood-serving retail/restaurant space located at 100-132 N Catalina Ave in Redondo Beach, CA (the “Project”). 

The property is a 1.2 acre site with 34,500 SF of existing cash-flowing retail situated in the heart of Redondo Beach, CA.

We are offering the opportunity to invest up to $3,000,000 of equity into this Build-to-Rent 32-unit Waterfront project that gained 100% entitlement approvals in Q2 of 2023. We are raising this final equity piece for the current objective of acquiring the site and getting permit-ready to commence construction by Q1 2026. The minimum investment is $50,000 and is available for accredited investors only.

This community offers coastal living and an award-winning public school system within walking distance to several major planned major redevelopment projects. The greater South Bay benefits from a diverse marketplace as it is proximate to Los Angeles International Airport (LAX) with easy access to Downtown and West Los Angeles.

Site Context

Catalina Village will be Redondo Beach Harbor luxury living next to the ocean, located on Catalina Avenue in between Pacific Coast Highway and the Redondo Beach Waterfront. Redondo Beach is a gem of Southern California, offering a unique blend of coastal charm, vibrant community life, and promising investment opportunities. While other coastal areas have seen rapid development, Redondo still has untapped potential, making it one of the few places left in the South Bay with significant upside for investors. The city is strategically located right next to the prestigious Palos Verdes Peninsula and Hermosa Beach, enhancing its appeal and accessibility.

This prime location ensures that your investment is not just in a property, but in a thriving, high-demand area with a bright future. We know that there is a high demand for 32 new rental units alongside high quality eateries. Current rents for a studio apartment in Redondo Beach are around $2,500 with rent growth at around 5% per year. This is a very lucrative area for multifamily mixed use developments, with property cap rates in the high 3’s and low 4’s, validating this high demand area for investment.

High-Demand Location

Imagine co-owning a 1.2-acre site directly across from the Pacific Ocean, where every morning begins with the serene sound of waves. This extraordinary property is not just about location—it’s about potential. Positioned next to Veteran’s Park and Czuleger Park, this prime location offers abundant green space and stunning ocean views. Additionally, it is conveniently located near the Redondo Beach Sand and the Hermosa Beach Strand, providing easy access to local attractions and beachfront activities. This project has been designed to seamlessly blend with the California coastal architecture, preserving the area’s unique aesthetic while introducing modern commercial spaces that cater to the community’s evolving needs.

• Prime Coastal Location: Redondo Beach is a picturesque coastal city in Los Angeles County, California. Its prime location along the Pacific Ocean makes it a highly sought-after destination for residents and visitors alike. The allure of living by the beach, with breathtaking views and easy access to sandy shores, is a significant draw for prospective tenants.
• Desirable Lifestyle: The beach lifestyle is an integral part of Redondo Beach’s appeal. Residents can enjoy a wide range of outdoor activities, including surfing, beach volleyball, biking along the oceanfront bike path, or simply relaxing on the sandy shores. The area’s vibrant beach culture, coupled with a plethora of dining, entertainment, and shopping options, creates an attractive and dynamic environment for potential tenants.
• Strong Rental Market: Redondo Beach’s rental market is robust, with a consistent demand for housing options. The city’s allure as a coastal retreat attracts a diverse demographic, including young professionals, families, and retirees, all seeking a high-quality living experience. This consistent demand contributes to the stability of rental income, providing investors with a reliable revenue stream.
• Limited Supply: Multifamily developments in Redondo Beach are limited due to the city’s geography and zoning regulations. As a result, the supply of rental properties struggles to keep pace with the demand, leading to a competitive market environment and the potential for increased rental rates. Investors can capitalize on this scarcity by offering modern, well-designed housing options to a market hungry for such opportunities.
• Strong Economic Growth: Redondo Beach is located in the greater Los Angeles area, one of the most economically robust regions in the United States. With diverse industries and a thriving job market, the area attracts a steady influx of professionals seeking housing close to their workplaces. As the local economy continues to grow, the demand for rental properties is expected to rise accordingly.
• Excellent Transportation Links: Redondo Beach is well-connected to major highways and public transportation, allowing residents easy access to neighboring cities and key employment centers. Proximity to major transportation hubs enhances the city’s appeal and convenience, making it an attractive location for potential tenants.

A Vision Years in the Making – Why Are Entitlements So Hard?

The entitlements for this 32 unit project were obtained after five years of meticulous planning and dedication by the Beach City Capital team. This isn’t just another development; it’s a passion project that combines the best of Redondo Beach’s past with a forward-looking vision. The reintroduction of commercial spaces, protected by local historical designation, will breathe new life into the area, including a farm-to-table lunch restaurant and a cozy breakfast pantry, becoming new community favorites.

A Future Ready for Low Rents and a Higher Quality of Life

We aim to be permit-ready by early 2026, with a clear plan to renovate the derelict buildings, remediate the soil, and build the project. We estimate a time period of 9-12 months to obtain permits, 20 months for construction, an addition 12 months for lease-up and sale. This strategy allows for mitigating risk while maintaining the integrity and value of this beachside investment. This is a rare opportunity to be part of something truly special—a project that will not only generate significant financial returns for local investors but will also contribute to the growth and vitality of Redondo Beach, one project at a time.

Join Us

We are thrilled to be working with a team of exceptional partners, contractors, and investors who share our vision for this unique project. The hard work, persistence, and expertise of our team have brought us to this pivotal moment. If you are an accredited investor, this is your chance to invest in a once-in-a-lifetime project that offers both financial rewards and the satisfaction of contributing to the development of one of California’s most desirable coastal communities. Don’t miss out on the opportunity to be part of Redondo Beach’s future—where the ocean meets opportunity.

Investment documents and additional information are available for review – simply click “Investments” at the top of our website. This will allow you to quickly create a profile and view project information, download the Investment Memorandum, and view the Investment Webinar.

You can also visit the public Investment Page with the link here, but you won’t be able to view as much information: Click Here

Once your due diligence is complete, sign the Subscription Agreement and Joinder documents, and wire your investment into the project’s bank account. You can invest directly ($50K minimum investment) through a variety of investment vehicles, including an investment via check/wire/ACH from your individual account, an IRA, a Trust, or a 1031 exchange for $1M or more.

The investment begins accumulating a preferred return on the day of your investment. During the Development phase, you will receive quarterly reports throughout the Project’s life cycle, which will include cost-to-dates, project schedules, and progress reports. The first payment will be made at refinance, and then every quarter thereafter during the hold period, with a final payout at sale of the project.