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Listed by: Gary Smallwood (310) 429-2140 DRE #00776733 | Smallwood Real Estate & Investments (310) 429-2140
$2,625,000
13 Beds
- 8 Baths
4,957sqft
2311 Vanderbilt Ln, Redondo Beach, CA 90278
$2,625,000
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Mixed Use
Built in 1961
$-- HOA
7,500 sqft lot
$530/sq.ft
Description
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
4,957 sqft
Lot Size
7,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26133495
MLS Status
Active
Days on Market
72
Cumulative Days on Market
46
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