Property Detail

2311 Vanderbilt Ln.

Redondo Beach CA 90278

$2,700,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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