Back 2319 Vanderbilt Lane
Off Market

2319 Vanderbilt Lane

Redondo Beach CA 90278

5
4
9617 sq. ft.
Multi-Family
Last sold for $2,200,000
Joseph NuzzoloJoseph Nuzzolo, last sold this property on 10 October 2025 after 101 days on market.

Overview

Rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of Redondo Beachone 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. Dont miss the chance to own a rare, turn-key asset in a high-demand rental market.

Features

5 bedrooms
4 bathrooms
9617 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Redondo Beach over the last 12 months.

Property history for 2319 Vanderbilt Lane

2025
Sold
$2,200,000
10 Oct 2025 by Joseph Nuzzolo, of Greg Fabian, Broker

Happy sellers in Redondo Beach

60%
60% of sellers in Redondo Beach reported that their sale price either exceeded or met their price expectations.

Redondo Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Redondo Beach over the last 12 months.

Local market activity for 5 bedroom multi families in Redondo Beach

In the last 12 months, 2 five-bedroom multi families similar to 2319 Vanderbilt Lane, have been sold.

This represents a 200% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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