Fantastic Opportunity to Acquire a Well Maintained 9-Unit Apartment Building in North Redondo Beach.
Property upgrades include a new roof, interior upgrades in 5 of the 9 units (within the past 18 months – upgrades vary per unit). Features include new vinyl plank and tile flooring, tiled showers, new cabinetry, new counters, smooth ceilings, and recessed lighting. Strong rental location with 7 of the 9 tenants on month-to-month agreements. Room to raise rents in 2023. The unit mix consists of (1) 2 Bedroom 1 Bath and (8) 1 Bedroom 1 Bath. Ample uncovered parking for 9 vehicles plus two 1-car garages. Separate gas & electric meters along with five of the residents paying towards RUBS utility sharing. New on-site community laundry room with 2 washers/2 dryers (machines are owned). Ditch the car with a Walk Score of 91 “Walkers Paradise” and a bike score of 87 “Very Bikeable. Just 2.5 miles to the Pacific Ocean & the popular Hermosa and Manhattan Beaches. Close to public transportation, the 405, 110 and 91 Freeways, shopping, restaurants, coffee shops, parks, and award-winning Redondo Beach Schools.
No City of Redondo Beach Rent Control, Subject only to California AB1482. Zip Code 90278 received an overall A+ Grade per Niche.com.
- Heating System:
- Space Heater
- Roof Deck:
- Fire Retardant
- Parking:
- 15.00
- Electric:
- Electricity - On Property
- New Construction YN:
- 0
- Utilities:
- Phone Available, Cable Available, Underground Utilities, Water Connected
- Laundry:
- Upper Level
- Parking:
- Uncovered, Gated, Tandem Covered, Auto Driveway Gate
- Sewer:
- Conventional Septic
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBUSHNAN
- Water Source:
- Public
- Lot Features:
- Park Nearby, Landscaped, Corner Lot, Near Public Transit
- Community Features:
- Sidewalks, Street Lights, Park, Curbs, Gutters, Biking, Storm Drains
- Stories:
- 2
- Entry Level:
- 1
- Flooring:
- See Remarks
- Entry Location:
- west of garage
- Architectural Style:
- Traditional
- Appliances:
- Refrigerator, Vented Exhaust Fan, Free-Standing Range, Electric Oven, Double Oven
- Spa:
- 0
- Interior Features:
- Ceiling Fan(s), Granite Counters, Quartz Counters
- Street:
- Vanderbilt
- Street Number:
- 2400
- Street Suffix:
- Lane
- Zip4:
- 3299
- Floor Number:
- 0
- Longitude:
- W119° 37' 54.2''
- Latitude:
- N33° 52' 18.2''
- Listing Courtesy of:
- Lyon Stahl Investment Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 2
- Zoning:
- RBR-3
- Lot Size Square Feet:
- 6,800 Sqft
- List Agent Last Name:
- Bush
- List Agent License Number:
- 00962565
- Special Listing Conditions:
- Trust
- List Office ID:
- SB1310620
- List Agent First Name:
- Nancy
- Directions:
- Corner of Vanderbilt and MacKay, South of Artesia Blvd.
- MLSAreaMajor:
- 151 - N Redondo Bch/Villas North
- Levels:
- Two
- Parcel Number:
- 4157007012
- List Agent License Number:
- 01972083
- TaxAnnualAmount:
- $0
- TaxYear:
- 2023
Residential Income Sold
2400 Vanderbilt Lane, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB23138037
- List Price :
- $2,995,000
- Year Built :
- 1955
- Lot Area :
- 0.16 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,800,000
- Status :
- Closed
- Property Type :
- Apartment
- Price Per Square Foot :
- $506
- Days on Market :
- 13
