Rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of Redondo Beach—one 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. Don’t miss the chance to own a rare, turn-key asset in a high-demand rental market.
- Pool:
- No
- Parking:
- 26.00
- New Construction YN:
- 0
- Laundry:
- No
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SBNUZZJOS
- Water Source:
- Public
- Lot Features:
- 0-1 Unit/acre
- Community Features:
- Curbs
- Stories:
- 1
- Entry Level:
- 1
- Association:
- 0
- Entry Location:
- Street
- Street:
- Vanderbilt
- Street Number:
- 2319
- Street Suffix:
- Lane
- Zip4:
- 3720
- Floor Number:
- 0
- Longitude:
- W119° 37' 51.8''
- Latitude:
- N33° 52' 19.8''
- Listing Courtesy of:
- Thompson Team Real Estate, Inc.
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 5
- Zoning:
- RBR-3
- Lot Size Square Feet:
- 9,617 Sqft
- List Agent Last Name:
- Nuzzolo
- List Agent License Number:
- 01853418
- Special Listing Conditions:
- Standard
- List Office ID:
- sb1292020
- List Agent First Name:
- Joseph
- Directions:
- West on Artesia and South on MacKay and West on Vanderbilt
- MLSAreaMajor:
- 153 - N Redondo Bch/El Nido
- Parcel Number:
- 4157003025
- List Agent License Number:
- 02069081
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
2319 Vanderbilt Lane, Redondo Beach, California 90278
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB25082617
- List Price :
- $2,390,000
- Year Built :
- 1956
- Lot Area :
- 0.22 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Close Price :
- $2,200,000
- Status :
- Closed
- Property Type :
- Apartment
- Price Per Square Foot :
- $593
- Days on Market :
- 103
