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Sold$2,200,000on Oct 10, 2025
2319 Vanderbilt Lane, Redondo Beach, Ca 90278
Thompson Team Real Estate, Inc.
5Beds
4Baths
103Days Listed
About This Property
Rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of Redondo Beachone 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. Dont miss the chance to own a rare, turn-key asset in a high-demand rental market.
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 103
- Cumulative Days on Market
- 104
- Original Price
- $2,499,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Redondo Beach Market Snapshot
128
Active Listings
$1.6M
Median Price
48
Avg Days on Market
Last updated: Oct 11, 2025
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Joseph Nuzzolo, Thompson Team Real Estate, Inc. · 310-922-2229
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,390,000