Property Details
About this Property
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' 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.
MLS Listing Information
MLS #
CRSB25082617
MLS Source
California Regional MLS
Days on Site
14
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2319 Vanderbilt Ln is a Residential Income in Redondo Beach, CA 90278. This – square foot property sits on a 9,617 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,499,000 and was built in 1956. This address can also be written as 2319 Vanderbilt Ln, Redondo Beach, CA 90278.
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This listing information is up-to-date as of April 28, 2025. For the most current information, please contact Joseph Nuzzolo, (310) 533-1333
