Redondo Beach, CA 90278,2319 Vanderbilt LN
Redondo Beach, CA 90278,2319 Vanderbilt LN
Redondo Beach, CA 90278,2319 Vanderbilt LN
15
$2,200,000
$2,390,000
7.9%
Est.Price: ?

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9,618 Sqft Lot

2319 Vanderbilt LN Redondo Beach, CA 90278

Est. payment /mo
SOLD DATE : 10/10/2025

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Key Details

Sold Price $2,200,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25082617

Year Built 1956

Lot Size 9,618 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 153 - N Redondo Bch/El Nido

Zoning RBR-3

Interior

Laundry See Remarks

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Joseph Nuzzolo Thompson Team Real Estate, Inc. 310-922-2229
Bought with Andrew Tseng The Realestate Group

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Jacqui Larson

Jacqui Larson

Broker Associate | License ID: 01407829

+1(760) 585-5437

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