2319 Vanderbilt Lane, Redondo Beach, California 90278
- $2,390,000
- $2,499,000
- $2,390,000
- $2,499,000
Overview
- Apartment, Residential Income
- 5.0
- 3708 Sqft
- 1956
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
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Address: 2319 Vanderbilt Lane
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City: Redondo Beach
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State/county: CA
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Zip/Postal Code: 90278
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Country: US
Details
Updated on October 10, 2025 at 11:17 pm-
Property ID SB25082617
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Price $2,390,000
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Property Size 3708 Sqft
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Land Area 0.2208 Acres
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Garages 5.0
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Year Built 1956
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs
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Down Payment
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