2319 Vanderbilt Lane, Redondo Beach, California 90278
  • $2,390,000
  • $2,499,000

Overview

Property ID: SB25082617
  • Apartment, Residential Income
  • Property Type
  • 5.0
  • Garages
  • 3708 Sqft
  • Area Size
  • 1956
  • Year Built

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.

  • Address: 2319 Vanderbilt Lane
  • City: Redondo Beach
  • State/county: CA
  • Zip/Postal Code: 90278
  • Country: US

Details

Updated on October 10, 2025 at 11:17 pm
  • Property ID SB25082617
  • Price $2,390,000
  • Property Size 3708 Sqft
  • Land Area 0.2208 Acres
  • Garages 5.0
  • Year Built 1956
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs

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