2311 Vanderbilt Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated payment $16,482/month
Highlights
- Fishing
- Granite Countertops
- Tile Flooring
- Birney Elementary School Rated A+
- Laundry Room
- Ceiling Fan
About This Home
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.
Listing Agent
Smallwood Real Estate & Investments Brokerage Phone: 310 429-2140 License #00776733 Listed on: 06/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,500 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,957 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Tile Flooring
Kitchen
- Gas Oven
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 18 / 5
- Tax Tract Number 8060
- Assessor Parcel Number 4157003017
- $2,443 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Fishing
- Bike Trail
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,840
- Fuel Expense $600
- Gardener Expense $960
- Insurance Expense $3,050
- Other Expense $3,300
- Professional Management Expense $10,380
- Trash Expense $2,160
- Water Sewer Expense $2,000
- Operating Expense $48,257
- Gross Income $14,415
- Net Operating Income $124,723
Additional Features
- 6 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,785 | $1,812,078 | $1,115,128 | $696,950 |
| 2024 | $21,807 | $1,776,548 | $1,093,263 | $683,285 |
| 2023 | $21,420 | $1,741,715 | $1,071,827 | $669,888 |
| 2022 | $21,140 | $1,707,564 | $1,050,811 | $656,753 |
| 2021 | $20,661 | $1,674,083 | $1,030,207 | $643,876 |
| 2019 | $20,278 | $1,624,430 | $999,651 | $624,779 |
| 2018 | $19,734 | $1,592,579 | $980,050 | $612,529 |
| 2017 | $19,397 | $1,561,353 | $960,834 | $600,519 |
| 2016 | $19,064 | $1,530,740 | $941,995 | $588,745 |
| 2015 | $18,720 | $1,507,748 | $927,846 | $579,902 |
| 2014 | $18,181 | $1,450,000 | $888,100 | $561,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $2,700,000 | -- | $545 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,300,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $1,175,000 | Lawyers Title Company | |
| Grant Deed | $885,000 | American | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | Credit Line Revolving | |
| Previous Owner | $455,000 | Credit Line Revolving | |
| Previous Owner | $370,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26133495
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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