For sale

Listed by: Smallwood Real Estate & Investments • Gary Smallwood • Contact: 310 429-2140

Price cut: $75K (8/4)

$2,625,000

2311 Vanderbilt Ln, Redondo Beach, CA 90278

13beds

8baths

4,957sqft

$17,793/mo

Get pre-qualified

Mixed Use

Built in 1961

-- sqft lot

$2,541,900 Zestimate^®

$530/sqft

$-- HOA

What's special

Enclosed garage parkingOnsite laundry facility

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.

75 days
241
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 8

Heating

Wall Furnace

Cooling

None

Appliances

Included: Disposal, Gas Oven, Refrigerator, Dryer, Washer
Laundry: Common Area, Laundry Room

Features

Ceiling Fan(s), Granite Counters
Flooring: Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,957
Total interior livable area: 4,957 sqft

Property

Parking

Total spaces: 6
Parking features: Assigned, Door-Multi, Garage, Garage Faces Side
Garage spaces: 6

Features

Levels: Two
Stories: 2
Entry location: Street
Pool features: None

Lot

Size: 7,500 Square Feet
Features: 6-10 Units/Acre

Details

Parcel number: 4157003017
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1961

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Fishing, Storm Drain(s), Street Lights, Sidewalks

Location

Region: Redondo Beach

Financial & listing details

Price per square foot: $530/sqft
Date on market: 6/18/2026
Cumulative days on market: 75 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Inclusions: Washer and Dryer
Tenant pays: Electricity, Gas

Estimated market value

$2,541,900

$2.41M - $2.67M

$2,503/mo

Price history

Date	Event	Price
8/4/2026	Price change	$2,625,000-2.8%$530/sqft
Source: CRMLS #SB26133495 Report a problem
6/18/2026	Listed for sale	$2,700,000$545/sqft
Source: CRMLS #SB26133495 Report a problem