Property Description
This is a rare opportunity to acquire a six-unit apartment building in the desirable North Redondo Beach rental market. Situated on a 7,500 square foot lot, this 4,957 square foot multi-family property offers a desirable mix of units, strong emplaced income, and significant long term upside. The property features an onsite laundry facility, enclosed garage parking, and a history of strong tenant demand. Located just minutes to the beach, major employment centers, shopping, dining, and award winning schools. Investors will appreciate the combination of current cash flow, rental growth potential, and the stability of an established multi-family asset.
Features
- Pool:
- No
- Heating System:
- Wall Furnace
- Cooling System:
- No
- Fireplace:
- No
- Parking:
- 6.00
- New Construction YN:
- 0
- Utilities:
- Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
- Laundry:
- Community, Washer Included, Dryer Included, Individual Room
- Parking:
- Garage - Two Door, Assigned, Garage Faces Side
- Sewer:
- Public Sewer
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SSMALGAR
- Water Source:
- Public
- Inclusions:
- washer and dryer
- Lot Features:
- 6-10 Units/acre
- Community Features:
- Sidewalks, Street Lights, Curbs, Biking, Storm Drains, Fishing
- Stories:
- 2
- Entry Level:
- 1
- Flooring:
- Tile
- Entry Location:
- Street
- Appliances:
- Refrigerator, Disposal, Gas Oven
- Interior Features:
- Ceiling Fan(s), Granite Counters
Address Map
- Street:
- Vanderbilt Ln.
- Street Number:
- 2311
- Floor Number:
- 0
- Longitude:
- W119° 37' 49.3''
- Latitude:
- N33° 52' 19.7''
MLS Addon
- Listing Courtesy of:
- Smallwood Real Estate & Investments
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 6
- Lot Size Square Feet:
- 7,500 Sqft
- List Agent Last Name:
- Smallwood
- List Agent License Number:
- 00776733
- Special Listing Conditions:
- Standard
- List Office ID:
- SB1365480
- List Agent First Name:
- Gary
- Directions:
- Between PCH and Hawthorne Blvd. South side of Artesia Blvd.
- MLSAreaMajor:
- 152 - N Redondo Bch/Villas South
- Levels:
- Two
- Parcel Number:
- 4157003017
- List Agent License Number:
- 00776733
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income For Sale
2311 Vanderbilt Ln., Redondo Beach, California 90278
0.17 Sqft
$2,700,000
Listing ID #SB26133495
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- SB26133495
- List Price :
- $2,700,000
- Year Built :
- 1961
- Lot Area :
- 0.17 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90278
- Status :
- Active
- Property Type :
- Commercial/residential
- Price Per Square Foot :
- $545
- Days on Market :
- 2
