2319 Vanderbilt Lane, Redondo Beach, CA 90278

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$2,390,000

Est. payment - /mo

5 Beds

9,617 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25082617

Bedrooms 5

Lot Size 9,617 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of Redondo Beachone of Los Angeles' most sought-after beach communities. This trophy asset consists of three separate buildings and offers a desirable unit mix of spacious 1- 2-bedroom, 1-bath unit and 4 1 bedroom, 1 bath units each with excellent natural light and functional layouts. Each unit is paired with its own single-car garage space (5 total), providing valuable off-street parking. The property is professionally managed, fully occupied, and enjoys exceptionally low tenant turnover, making it a stable and reliable investment. Situated in an area known for its award-winning schools, walkability, and close proximity to the beach, shopping, dining, and major employment centers, this property offers strong long-term fundamentals. With some rental upside and low annual operating expenses, this is a prime value-add opportunity for investors seeking growth in a premier coastal location. Dont miss the chance to own a rare, turn-key asset in a high-demand rental market.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction West on Artesia and South on MacKay and West on Vanderbilt

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 4157003025

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Listed by Joseph Nuzzolo Thompson Team Real Estate, Inc.

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2319 Vanderbilt Lane Redondo Beach, CA 90278