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.
Property Details
Price:
$2,499,000
MLS #:
SB25082617
Status:
Active
Baths:
0
Address:
2319 Vanderbilt Lane
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
153nredondobchelnido
City:
Redondo Beach
Listed Date:
Apr 28, 2025
State:
CA
ZIP:
90278
Lot Size:
9,617 sqft / 0.22 acres (approx)
Year Built:
1956
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Curbs
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2319 Vanderbilt Lane Redondo Beach CA
- Area153 – N Redondo Bch/El Nido
- CityRedondo Beach
- CountyLos Angeles
- Zip Code90278
Similar Listings Nearby
- 710 5th Street
Hermosa Beach, CA$3,200,000
1.64 miles away
- 1122 Loma Drive
Hermosa Beach, CA$3,150,000
1.73 miles away
- 1835 W 166th Street
Gardena, CA$3,100,000
3.38 miles away
- 1818 12th Street
Manhattan Beach, CA$3,000,000
1.26 miles away
- 131 27th Street
Hermosa Beach, CA$2,999,999
2.07 miles away
- 4900 Lennox Boulevard
Inglewood, CA$2,999,000
4.55 miles away
- 118 Virginia Street
El Segundo, CA$2,995,000
4.22 miles away
- 824 Torrance
Redondo Beach, CA$2,975,000
2.40 miles away
- 12705 Ramona Avenue
Hawthorne, CA$2,950,000
3.19 miles away
- 13632 Cerise Avenue
Hawthorne, CA$2,799,000
3.18 miles away

2319 Vanderbilt Lane
Redondo Beach, CA
LIGHTBOX-IMAGES