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Sold for $2,200,000
  • Listed by: Thompson Team Real Estate, Inc. • Joseph Nuzzolo • Contact: 310-533-1333
    Bought with: The Realestate Group
    $2,200,000

    2319 Vanderbilt Ln, Redondo Beach, CA 90278

    6beds
    5baths
    3,708sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $593/sqft
    $6,398 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,398/mo

    Zestimate® history
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    What's special

    Functional layoutsSingle-car garage spaceExcellent natural lightValuable off-street parking
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Nuzzolo DRE #01853418 310-922-2229,

    Thompson Team Real Estate, Inc.,

    Darryll Wayne Hamilton DRE #02000676,

    Thompson Team Real Estate, Inc.

    Bought with:

    Andrew Tseng, DRE #01899224

    The Realestate Group

    Source: CRMLS,MLS#: SB25082617MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Appliances
    • Laundry: See Remarks
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,708
    • Total interior livable area: 3,708 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 9,617 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4157003025
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $593/sqft
    • Tax assessed value: $1,389,848
    • Annual tax amount: $17,659
    • Date on market: 4/28/2025
    • Cumulative days on market: 103 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/10/2025Sold$2,200,000-7.9%$593/sqft
    Source: CRMLS #SB25082617 Report a problem
    9/8/2025Pending sale$2,390,000$645/sqft
    Source: CRMLS #SB25082617 Report a problem
    8/4/2025Price change$2,390,000-4.4%$645/sqft
    Source: CRMLS #SB25082617 Report a problem
    7/28/2025Listed for sale$2,499,000$674/sqft
    Source: CRMLS #SB25082617 Report a problem
    7/2/2025Pending sale$2,499,000$674/sqft
    Source: CRMLS #SB25082617 Report a problem
    4/28/2025Listed for sale$2,499,000$674/sqft
    Source: CRMLS #SB25082617 Report a problem
    2/27/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/12/2024Price change$2,195-4.4%$1/sqft
    Source: Zillow Rentals Report a problem
    12/8/2023Listed for rent$2,295$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,659 +55.3%$1,389,848 +62%
    2024$11,374 +224.8%$857,888 +510.2%
    2023$3,502 +0.9%$140,592 +2%
    2022$3,470 +1.4%$137,841 +2%
    2021$3,422 +0.1%$135,144 +1%
    2020$3,420 $133,761 +2%
    2019$3,420 +8.7%$131,143 +2%
    2018$3,147 $128,577 +2.2%
    2017$3,147 +2.5%$125,841 +2%
    2016$3,069 +3.4%$123,375 +1.5%
    2015$2,968 +1%$121,523 +2%
    2014$2,937 $119,143 +4.5%
    2011-- $114,002 +0.8%
    2010-- $113,151 +3.8%
    2007-- $109,019 +2%
    2006-- $106,882
    2005-- $106,882 +6%
    2003-- $100,852 +2%
    2002-- $98,875 +4%
    2000-- $95,037
    Find assessor info on the county website

    Neighborhood: 90278

    Nearby schools

    GreatSchools rating