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Sold for $2,200,000 on 10/10/25
  • Listing Provided by: 

    Joseph Nuzzolo DRE #01853418 310-922-2229,

    Thompson Team Real Estate, Inc.,

    Darryll Wayne Hamilton DRE #02000676,

    Thompson Team Real Estate, Inc.

    $2,200,000

    2319 Vanderbilt Ln, Redondo Beach, CA 90278

    12beds
    10baths
    3,708sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $593/sqft
    $4,072 Estimated rent

    Owner options

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    $4,072/mo

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    $4,072/mo

    Rent Zestimate®

    Refinance and save

    $13,723/mo

    Est. payment

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    $13,723/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 10, 2025 at 04:17pm

    Listing Provided by:

    Joseph Nuzzolo DRE #01853418 310-922-2229,

    Thompson Team Real Estate, Inc.,

    Darryll Wayne Hamilton DRE #02000676,

    Thompson Team Real Estate, Inc.

    Bought with:

    Andrew Tseng, DRE #01899224

    The Realestate Group

    Source: CRMLS,MLS#: SB25082617MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    Appliances
    • Laundry: See Remarks
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,708
    • Total interior livable area: 3,708 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 9,617 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4157003025
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Redondo Beach

    Other

    Other facts
    • Listing terms: Cash,Conventional