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Redondo Beach, CA 90278 2306 Vanderbilt Lane

$2,995,000

2306 Vanderbilt Lane Redondo Beach, Ca - Image 12306 Vanderbilt Lane Redondo Beach, Ca - Image 2
Presented By: Melanie Archer with Archer Investment & Consulting Inc.;
  • MLS# SB24058632
  • 03/26/2024
  • Request Tour
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  • BedBeds • 12
  • BathBaths • 6
  • FootageSQFT • 4,350
  • GarageGarage • 6

Home Details

This six unit apartment complex located in the heart of North Redondo Beach is located less than two miles from the beach. Each unit is two bedrooms-one bathroom with in unit washers/dryers/hookups. Five of the six units were renovated with white cabinets, vinyl wood floors, stainless steel appliances, and upgraded electrical, mechanical and plumbing. Two of the units boast private balconies. There is ample parking with six garage and six surface spaces which offers a great opportunity to add ADUs. The property underwent seismic retrofitting and is fully occupied. Rents below market. Don't miss this opportunity to own a piece of the South Bay! No local rent control - subject to California SB 1482.
Presented By: Melanie Archer with Archer Investment & Consulting Inc.;

Interior Features for 2306 Vanderbilt Lane

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixLane
Total Stories2

Other Rooms

Entry Level1

General for 2306 Vanderbilt Lane

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRedondo Beach
Community FeaturesBiking, Curbs, DogPark, Park, WaterSports
CountyLos Angeles
Days on Market21
DirectionsVanderbilt Lane & Slauson Lane
Electric Expense2453.0
Entry LocationStreet
Fuel Expense0.0
Garage Spaces6.0
Garage Y/NYes
Gross Income163536.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense4367.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsPrivateFinancingAvailable
Lot Size Square Feet7503.0
MLS Area152 - N Redondo Bch/Villas South
MobileHomeRemainsYNNo
Net Operating Income108639.0
New ConstructionNo
Open Parking Spaces6.0
Operating Expense4991.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameVanderbilt
Tax Lot9
Tenant PaysAllUtilities
Total Units6
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1960
Year Built SourcePublicRecords
ZoningRBR-3

Exterior for 2306 Vanderbilt Lane

Building Area Total4350.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1722
Lot Size Area7503.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,995,000
MLS#SB24058632
List Date 03/26/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors