$2,625,000
 $14,092 est/mo Sourced by Back At You

2311 Vanderbilt Ln.,Redondo Beach, CA 90278

Redondo Beach, CA 90278

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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.

Details

MLS #SB26133495
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site79
Listing Provided BySmallwood Real Estate & Investments | Gary Smallwood

Features

SQ Feet4,957
Garage6
Story(s)2
Units6
Building(s)1
Acreage0.17

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesCeiling Fans, Granite Counters
AppliancesDisposal, Gas Oven, Refrigerator, Dryer, Washer
Fireplace Yes / NoNo

Exterior

Lot FeaturesSix To Ten Units Acre

Parking

Parking FeaturesAssigned, Door Multi, Garage, Garage Faces Side
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesBiking, Curbs, Fishing, Storm Drains, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityRedondo Beach
Zip Code90278
Area152 N Redondo Bch | Villas South
Listing VS Median (in 90278)
Price:
$2,625,000
low | high
Med:
$1,285,000
100% of Average
sqft:
4,957
low | high
Med:
831
100% of Average
$ / sqft:
$530
low | high
Med:
$1,546
100% of Average
On site:
79
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 90278

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Learn More About This Property

StateCA
CountyLos Angeles
CityRedondo Beach
Zip Code90278
Area152 N Redondo Bch | Villas South
Listing VS Median (in 90278)
Price:
$2,625,000
low | high
Med:
$1,285,000
100% of Average
sqft:
4,957
low | high
Med:
831
100% of Average
$ / sqft:
$530
low | high
Med:
$1,546
100% of Average
On site:
79
low | high
Med:
53
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.968M - $3.281M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
2118 Carnegie Property Photo 1
$3,045,000
2118 Carnegie
Redondo Beach, CA 90278
Listing Updated: September 4, 2026 at 7:14:11 PM PDT