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2319 Vanderbilt Lane

Redondo Beach, CA 90278

– beds
– baths
– sqft
9,617 sqft lot
1956 build
– on site

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.

Listed By CRMLS_CA / Joseph Nuzzolo / Thompson Team Real Estate, Inc. / 310-922-2229

Last checked: Checking… • Last updated Apr 28, 2025 •

MLS# SB25082617 —

The Building

Year Built:

1956
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

3708.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

3
Stories Total:

1
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

5
# of Separate Water Meters:

5
# of Separate Electric Meters:

5

Interior

Entry Location:

1
Laundry:

See Remarks
Laundry:

1

Location

Directions:

West on Artesia and South on MacKay and West on Vanderbilt
Latitude:

33.87217800
Longitude:

-118.36894000

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

RBR-3
Lot Features:

0-1 Unit/Acre
Lot Size Area:

9617.0000
Lot Size Acres:

0.2208
Lot Size SqFt:

9617.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

5
Tax Census Tract:

6206.01
Tax Tract:

620...
Tax Lot:

22

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4157003025

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

5.00
Garage Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/28/25 Apr 28, 2025	Listed / Active	CRMLS_CA	$2,499,000

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This multifamily located in North Redondo Beach, Redondo Beach, CA 90278 is currently for sale for $2,499,000. 2319 Vanderbilt Lane is a – square foot multifamily with – beds and – baths that has been on Estately for 16 days. 2319 Vanderbilt Lane is in the North Redondo Beach neighborhood of Redondo Beach and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Redondo Union High School, Adams Middle School, and Birney Elementary School.

Listing Courtesy of: CRMLS_CA and Thompson Team Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 09:59 on May 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.