SoldOct 10, 2025

Listed by Joseph Nuzzolo and Darryll Wayne Hamilton from Greg Fabian, Broker

Bought with Andrew Tseng

Source: San Diego MLS #SB25082617

2319 Vanderbilt Lane, Redondo Beach, CA, 90278

$2,200,000

5
4
9617 sq. ft.

MultiFam

30+ days on the market

Sold: Oct 10, 2025

What's around 2319 Vanderbilt Lane

About this property

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.

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