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2311 Vanderbilt Ln. — photo 1
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Units

6

Building Size

4,957 sf

Lot Size

7,500 sf

Status

Active

Listing Agent: Gary Smallwood, Smallwood Real Estate & Investments

Redondo Beach

2311 Vanderbilt Ln.

About This Property

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.

Unit Mix

  • 1 unit · 2bd / 2ba
  • 1 unit · 3bd / 2ba
  • 4 units · 2bd / 1ba

Neighborhood

This property is located in Redondo Beach. Want to learn more about the area?

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Asking Price

$2,625,000

Est. Monthly Payment

$16,773/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Gary Smallwood

Smallwood Real Estate & Investments