Seller's Agent in 2025
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
(310) 546-6300
55 in this area
156 Total Sales
2319 Vanderbilt Ln Redondo Beach, CA 90278
North Redondo Beach Neighborhood
6
Beds
5
Baths
3,708
Sq Ft
9,617
Sq Ft Lot
Highlights
- 0.22 Acre Lot
- No HOA
- 1-Story Property
- Birney Elementary School Rated A+
- Laundry Room
About This Home
As of October 2025Rare 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.
Last Agent to Sell the Property
Thompson Team Real Estate, Inc. Brokerage Phone: 310-922-2229 License #01853418 Listed on: 04/28/2025
Co-Listed By
Thompson Team Real Estate, Inc. Brokerage Phone: 310-922-2229 License #02000676
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 9,617 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,708 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 22 / 5
- Tax Tract Number 6206
- Assessor Parcel Number 4157003025
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $12,000
- Professional Management Expense $8,089
- Water Sewer Expense $1,200
- New Taxes Expense $31,250
- Operating Expense $56,250
- Gross Income $120,600
- Net Operating Income $64,350
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $2,200,000 | -7.9% | $593 / Sq Ft |
| 09/05/2025 09/05/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $2,390,000 | -4.4% | $645 / Sq Ft |
| 07/28/2025 07/28/25 | For Sale | $2,499,000 | 0.0% | $674 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 04/28/2025 04/28/25 | For Sale | $2,499,000 | -- | $674 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Joseph Nuzzolo
-
Darryll Hamilton
Seller Co-Listing Agent in 2025
Darryll Hamilton
Thompson Team Real Estate, Inc.
(310) 941-8199
5 in this area
13 Total Sales
-
Andy Tseng
Buyer's Agent in 2025
Andy Tseng
The Realestate Group
(310) 913-1268
3 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25082617
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
Nearby Homes
- 2317 Carnegie Ln Unit B
- 2227 Mathews Ave
- 2405 Mathews Ave Unit C
- 2405 Mathews Ave Unit B
- 2213 Carnegie Ln Unit A
- 2005 Phelan Ln
- 2313 Nelson Ave Unit A
- 2204 Carnegie Ln
- 2211 Vail Ave
- 2213 Nelson Ave
- 2226 Voorhees Ave
- 2602 Carnegie Ln
- 1802 Blossom Ln
- 2609 Vanderbilt Ln Unit 4
- 2100 Carnegie Ln
- 2720 27201/2 Carnegie Ln
- 1708 Blossom Ln
- 2021 Carnegie Ln Unit 7
- 2217 Voorhees Ave
- 2603 Nelson Ave Unit B