NOT LISTED FOR SALE

2116 Vanderbilt Ln Redondo Beach, CA 90278

North Redondo Beach Neighborhood
12 Beds
9 Baths
10,614 Sq Ft
0.34 Acres

Last Sold November 25, 2020

Last sale price $5,600,000 $528 Per Sq Ft

43 Days on Market

Highlights

  • Tandem Parking
  • Laundry Facilities
  • Heating Available
  • Birney Elementary School Rated A+
  • Carpet

About This Home

As of November 2020

The Mosaic on Vanderbilt is two twin 9-unit apartment buildings with 9 private garages each on two adjacent lots sharing a driveway. Combined the subject property is a 10,614-square foot, eighteen-unit apartment community located at 2116 & 2118 Vanderbilt Lane in Redondo Beach. Built in 1960, the property sits on a large 15,013-square foot double lot and is two stories over private garage parking. The Mosaic on Vanderbilt is comprised of (2) studios, (12) one-bedroom with one-bathroom units, and (4) two-bedroom with one-bathroom units. Generally, the units are in original condition but have been well maintained and selectively updated over time. Parking consists of 36 spaces with 18 one-car garages with an additional tandem space in front of each garage. Building amenities include two laundry rooms (leased) for tenant convenience.

Last Agent to Sell the Property

Steffan Braunlich

Berkadia License #01859098 Listed on: 09/15/2020

Last Buyer's Agent

Steffan Braunlich

Berkadia License #01859098 Listed on: 09/15/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.34

Interior Spaces

  • 10,614 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Parking

  • 1 Car Garage
  • Tandem Parking

Additional Features

  • 15,013 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4156-008-004

Community Details

Overview

  • 2 Buildings
  • 18 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10614
  • Lot Acreage: 0.1723
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Carpet
  • Bedrooms: 12
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 626.53

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 18
  • Covered Parking: 18
  • Parking Garage: Garage - 1 Car, Tandem
  • Total Parking: 36

Utilities

  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 71.23
  • Assessed Improvement Value: 115530
  • Assessed Land Percent: 28.77
  • Assessed Land Value: 46658
  • Total Assessed Value: 162188
  • Assessor Parcel Number: 4156-008-004
  • Lot Size Area: 15013

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.29
  • Number Of Units: 18
  • Total Annual Expense: 147885
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $5,600,000 -15.8% $528 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $6,650,000 -- $627 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steffan Braunlich

    Seller's Agent in 2020

    Steffan Braunlich

    Berkadia

    (310) 209-3209

    3 in this area

    20 Total Sales

    Steffan Braunlich
    Section Image
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Map

Source: The MLS

MLS Number: 20-633552

The MLS
California Los Angeles County Redondo Beach 90278 North Redondo Beach

2116 Vanderbilt Ln, Redondo Beach, CA

This home is located at 2116 Vanderbilt Ln, Redondo Beach, CA 90278 since 15 September 2020. This property was built in 1960. 2116 Vanderbilt Ln is a home located in Los Angeles County with nearby schools including Birney Elementary School, Adams Middle School, and Redondo Union High School.

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