2319 Vanderbilt Lane
Redondo Beach, CA, 90278
$2,499,000
Beds
0 Baths
SqFt
0.22 Acres
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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&#39' 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
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Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre
Parking Spots
5.00
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None
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Stories Total
1
Water Source
Public

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