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2311 Vanderbilt Ln, Redondo Beach, CA, 90278

13beds
8baths
4,957sqft
$2,700,000
$545price/sqft
$16,514/moest. monthly cost
$660,560/yrincome needed

About This Home

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.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
87
BikeVery Bikeable

Schools

9/10
Birney Elementary SchoolGrades K-50.4 mi
8/10
Adams Middle SchoolGrades 6-80.5 mi
10/10
Redondo Union High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1961

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Disposal,Gas Oven,Refrigerator,Dryer,Washer
  • Laundry features: Common Area,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 8

Features

  • Ceiling Fan(s),Granite Counters
  • Flooring: Tile
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 4,957
  • Total interior livable area: 4,957 sqft

Property

Details

  • Parcel number: 4157003017
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Street
  • Pool features: None

Lot

  • Lot size: 7,500 sqft
  • Features: 6-10 Units/Acre

Parking

  • Total spaces: 6
  • Parking features: Assigned,Door-Multi,Garage,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6