2319 Vanderbilt LN new Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90278
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25082617
HOA Y/N No
Year Built 1956
Lot Size 9,618 Sqft
Property Sub-Type Apartment
Property Description
Thompson Team Real Estate is proud to offer this 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
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4157003025
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard