Seller's Agent in 2025
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
(310) 546-6300
72 in this area
181 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+
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 in unit
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2025
Closed on
Sep 17, 2025
Sold by
Bought by
Seller's Agent
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
Buyer's Agent
Andy Tseng
The Realestate Group
List Price
$2,499,000
Sold Price
$2,200,000
Premium/Discount to List
-$299,000
-11.96%
Views
44
Purchase Details
Closed on
Mar 8, 2024
Sold by
Bought by
Purchase Details
Closed on
Apr 28, 2022
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 16, 2003
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 2002
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,200,000 | Chicago Title | ||
| -- | None Listed On Document | ||
| -- | Toews Law Group Inc | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
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 |
|---|---|---|---|---|
| 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
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 | $17,659 | $1,389,848 | $945,632 | $444,216 |
| 2024 | $11,374 | $857,668 | $559,722 | $297,946 |
| 2023 | $3,502 | $140,372 | $58,876 | $81,496 |
| 2022 | $3,470 | $137,621 | $57,722 | $79,899 |
| 2021 | $3,422 | $134,924 | $56,591 | $78,333 |
| 2020 | $3,420 | $133,761 | $56,011 | $77,750 |
| 2019 | $3,379 | $131,143 | $54,913 | $76,230 |
| 2018 | $3,147 | $128,577 | $53,837 | $74,740 |
| 2016 | $2,968 | $123,375 | $51,748 | $71,627 |
| 2015 | $2,930 | $121,523 | $50,971 | $70,552 |
| 2014 | $2,937 | $119,143 | $49,973 | $69,170 |
Source: Public Records
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
7 in this area
16 Total Sales
-
Andy Tseng
Buyer's Agent in 2025
Andy Tseng
The Realestate Group
(310) 913-1268
2 in this area
40 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
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