2311 Vanderbilt Ln., Redondo Beach, CA 90278

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Beds

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Baths

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Sq ft

About this home

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.

Type

Commercial/Residential

Year built

1961

Lot

7,500 sq ft

Garage

6 car

HOA

None

Pool

View

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Solar

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Estimated payment

$16,555/mo

Principal & interest$13,273
Property tax (est.)$2,516
Home insurance (est.)$766

Down payment: 20% ($525,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Gary Smallwood, Smallwood Real Estate & Investments, 310 429-2140. MLS# SB26133495. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:44 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.