2311 Vanderbilt Ln.

Redondo Beach, CA 90278

About this property

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.

About this property

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.

Features and Additional Information

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$2,625,000 Active
4,957 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Smallwood Real Estate & Investments
1-310-429-2140
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Area Information

152 N Redondo Bch | Villas South | Los Angeles County |

$ 2,625,000
This listing is play_arrow 103.5% higher than the average in the area
$ 1,290,000 in the area
4,957 SqFt
This listing is play_arrow 318.5% larger than the average in the area
1,185 SqFt in the area
$ 530 $/SqFt
This listing is play_arrow 55.7% less than the average in the area
$ 1,194 $/SqFt in the area
70 days on site
This listing is play_arrow 137.3% above the average in the area
30 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Gary Smallwood
Brokerage: Smallwood Real Estate & Investments

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