2311 Vanderbilt Ln., Redondo Beach, CA 90278

$2,700,000

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List Agent Gary Smallwood () 310 429-2140 Smallwood Real Estate & Investments; CoList ()

List Price
$2,700,000
Status
ACTIVE
MLS#
SB26133495
Year Built
1961
Lot Size
7,500
Lot Location
6-10 Units/Acre
Days on Market
41
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.

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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.