1900 Vanderbilt Lane

Redondo Beach, CA 90278

  • 0 Bed(s)
  • 0 Bath(s)
  • 13,511 Sqft
  • 22509
    Sqft(Lot)
$6,075,000

Description

First time on the market! 1900 & 1904 vanderbilt ln, a unique and rare value-add multi-family investment opportunity situated in the heart of north redondo beach, a highly desirable area within the south bay region of los angeles county. offered for the first time in approximately half a century, this maintained apartment complex, known as the vanderbilt apartments, comprises five separate buildings located on two generous parcels, enhanced by landscaping that provides both privacy and curb appeal. the property features a desirable unit mix of spacious, well-designed apartments, which appeal to a broad tenant base in one of southern california's most sought-after rental markets. key features of this multi-family investment property include a variety of unit sizes, private garages, refreshed kitchen cabinets, laminate and tile flooring, and patio areas. the buildings are located on approximately 22,000 sf lot, comprising two parcels individually metered for gas and electricity. the property has a functional layout, with 16 units (+1 n/c) in 5 separate structures, including two freestanding units, one detached, and one over garages. it offers 15 garage spaces with possible adu potential (buyer to verify). north redondo beach is known for its strategic location, less than 20 miles from los angeles and its proximity to los angeles international airport (lax), as well as its proximity to the south bay galleria, which offers a wide array of shopping, dining, and entertainment options. the area also benefits from convenient access to major transportation routes, including freeways, and boasts a mix of residential streets, urban parks, and local charm. its proximity to the coastline and beaches, including the redondo beach pier and the hermosa pier, and its location within the redondo beach unified school district, which includes highly regarded schools like birney elementary, adams middle school, and redondo union high school, make it a highly desirable location. this property presents an exceptional value-add investment opportunity, being on the market for the first time in over 45 years. redondo beach's strong rental market, desirable location, and the south bay area's history of strong property value appreciation, combined with a significant rental upside (estimated at +/-52%) and its status as a generational asset with strong fundamentals, position it for substantial appreciation and income growth in an unbeatable southern california coastal setting.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50237328

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1964
    • Building Area Total: 13,511

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5167
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 22509

  • Listing Price Information

    • Original List Price: 6,075,000
    • Listing Contract Date: 2025-06-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4156006027

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 151 - N Redondo Bch/Villas North
    • Postal Code Plus 4: 2932
    • Directions: Corner of Flagler and Vanderbilt. Off Artesia
    • Zoning: RBR-3
    • Source Property Type: Residential Income
    • Area: 151 - N Redondo Bch/Villas North
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 61
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Appraiser
    • Entry Level: 1
    • Entry Location: Street
    • Property Attached: Yes
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BuyOwner last updated this listing 06/27/2025 @ 04:21

  • MLS: AR25138781
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 13,511 sqft, 22,509 sized lot, and 15 parking. are nearby neighborhoods.