Homes for sale - 2319 Vanderbilt LN, Redondo Beach, CA 90278

James B Peddie

REALTOR® | Lic# 01942468

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$ 2,200,000

$ 2,390,000 7.9%

Est. payment | -/mo

9,618 Sqft Lot

$ 2,200,000

$ 2,390,000 7.9%

Est. payment | -/mo

9,618 Sqft Lot

Key Details

Sold Price $2,200,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25082617

Sold Date 10/10/25

HOA Y/N No

Year Built 1956

Lot Size 9,618 Sqft

Property Sub-Type Apartment

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

Area 153 - N Redondo Bch/El Nido

Zoning RBR-3

Interior

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4157003025

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

Listed by Joseph Nuzzolo Thompson Team Real Estate, Inc. 310-922-2229
Bought with Andrew Tseng The Realestate Group

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James B Peddie

REALTOR® | Lic# 01942468

jpeddie@kw.com

+1(626) 375-1731

1660 Hillhurst Ave Los Angeles CA 90027

2319 Vanderbilt LN Redondo Beach, CA 90278

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Key Details

Location

Interior

Exterior

Building

Others

2319 Vanderbilt LN