2311 Vanderbilt Ln., Redondo Beach, CA 90278
2311 Vanderbilt Ln., Redondo Beach, CA 90278
2311 Vanderbilt Ln., Redondo Beach, CA 90278
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$2,700,000
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7,501 Sqft Lot
New

2311 Vanderbilt Ln. Redondo Beach, CA 90278

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Robert Cedeno

Robert Cedeno

+1(626) 283-7800

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26133495

HOA Y/N No

Year Built 1961

Lot Size 7,501 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State CA

County Los Angeles

Area 152 - N Redondo Bch/Villas South

Interior

Interior Features Ceiling Fan(s), Granite Counters

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Inclusions Washer and Dryer

Fireplace No

Appliance Disposal, Gas Oven, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Door-Multi, Garage, Garage Faces Side

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Biking, Curbs, Fishing, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4157003017

Energy Description 600.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gary Smallwood Smallwood Real Estate & Investments 310 429-2140, DRE #00776733

NEARBY SCHOOL & BUSINESS

Robert Cedeno
Robert Cedeno

CEO | License ID: 02031052

+1(626) 283-7800 | robertcedeno52@gmail.com

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2311 Vanderbilt Ln.