Redondo Beach, CA 90278,2319 Vanderbilt Lane
Listed by Joseph Nuzzolo • Thompson Team Real Estate, Inc.
Bought with Andrew Tseng • The Realestate Group

$2,200,000

Est. payment /mo

$2,390,000

7.9%
Est.Price: ?

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2319 Vanderbilt Lane Redondo Beach, CA 90278

3,708 SqFt

SOLD DATE : 10/10/2025

Key Details

Sold Price $2,200,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,708 sqft

Price per Sqft $593

MLS Listing ID CRSB25082617

Year Built 1956

Lot Size 9,617 Sqft

Property Sub-Type Other

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

Interior

Laundry See Remarks

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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