2311 Vanderbilt Ln., Redondo Beach, CA 90278
- $2,700,000
- List Price
- $2,700,000
- Status
- ACTIVE
- MLS#
- SB26133495
- Year Built
- 1961
- Lot Size
- 7,500
- Acres
- 0.17
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 40
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Appliances
- Disposal, Gas Oven, Refrigerator, Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Granite Counters
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $173,000
- Operating Expense
- 48257
Listing courtesy of Listing Agent: Gary Smallwood (smallwood8284@yahoo.com) from Listing Office: Smallwood Real Estate & Investments.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.