About 2319 Vanderbilt Lane
Rare 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.
Features of 2319 Vanderbilt Lane
| MLS® # | SB25082617 |
|---|---|
| Price | $2,390,000 |
| Sold Price | $2,200,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Lot Sqft | 9,617 |
| Acres | 0.22 |
| Year Built | 1956 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 2319 Vanderbilt Lane |
|---|---|
| Area | 153 - N Redondo Bch/El Nido |
| City | Redondo Beach |
| County | Los Angeles |
| Zip Code | 90278 |
Amenities
| Parking Spaces | 5 |
|---|---|
| # of Garages | 5 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | April 28th, 2025 |
|---|---|
| Date Sold | October 10th, 2025 |
| Days on Market | 103 |
| Zoning | RBR-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joseph Nuzzolo |
|---|---|
| Office | Thompson Team Real Estate, Inc. |