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Bruce Kang, Broker
2311 Vanderbilt Ln., Redondo Beach, CA 90278
- $2,625,000
- List Price
- $2,625,000
- Status
- ACTIVE
- Days on Market
- 114
- Price Change
- ▼ $75,000 1785848253
- MLS#
- SB26133495
- Subtype
- Residential Income
- Year Built
- 1961
- Lot Size
- 7,500
- Acres
- 0.17
- MLS Area Major
- N Redondo Bch/Villas South (152)
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
- Interior Features
- Ceiling Fan(s), Granite Counters
- Flooring
- Tile
- Appliances
- Disposal, Gas Oven, Refrigerator, Dryer, Washer
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Assigned, Door-Multi, Garage, Garage Faces Side
- Garage Spaces
- 6
Listing courtesy of Listing Agent: Gary Smallwood (smallwood8284@yahoo.com) from Listing Office: Smallwood Real Estate & Investments.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.