2306 Vanderbilt Lane Redondo Beach, CA ^$ 2,995,000

2306 Vanderbilt Lane

^$ 2,995,000

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2306 Vanderbilt Lane

Redondo Beach, CA, 90278

^$ 2,995,000

Bedrooms12 Baths6.0 Sq 4,350

Monthly Estimate*

^$ 19,906

Listed by Archer Investment & Consulting Inc.

2306 Vanderbilt Lane, Redondo Beach, CA 90278 - Image 1

2306 Vanderbilt Lane, Redondo Beach, CA 90278 - Image 2

2306 Vanderbilt Lane, Redondo Beach, CA 90278 - Image 3

Multi-Family Home for sale in Redondo Beach, CA

for $2,995,000 with 12 bedrooms and 6 full baths. This 4,350 square foot home was built in 1960 on a lot size of 0.1722.

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.

Multi-Family Active

Price

^$ 2,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1722

Year Built

1960

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB24058632

Days on Market

Features

General

Sewer PublicSewer

Zoning RBR-3

HOA 0.0

Garage Spaces 6.0

Pool Features None

Year Built 1960

Tenant Pays AllUtilities

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 163536.0

Community Features Biking Curbs DogPark Park WaterSports

County Los Angeles

Net Operating Income 108639.0

Operating Expense 4991.0

Insurance Expense 4367.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Vanderbilt Lane & Slauson Lane

City Redondo Beach

Entry Location Street

View Y/N N

Senior Community Y/N N

Open Parking Spaces 6.0

NumberOfUnitsTotal 6

MLS Area 152 - N Redondo Bch/Villas South

Lot Size Units SquareFeet

Lot Size Square Feet 7503.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Vanderbilt

Listing Terms PrivateFinancingAvailable

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 2453.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 60

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 9

Property Sub Type Additional MixedUse

Exterior

Lot Features RectangularLot

Water Source Public

Total Parking 12.0

Lot Size Area 7503.0

Number of Buildings 1

Spa N

Building Area Total 4350.0

Lot Size Acres 0.1722

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Lane

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2306

* Excluded Features

List By

Archer Investment & Consulting Inc.

Broker

(310) 480-8117

Phone

Affordability Calculator

$19,906

Per Month

Monthly Principal & Interest: $19,906
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Redondo Beach, CA

Average List Price ^$2,582,525

Percent of Sale Price 14%

About Redondo Beach, CA

66,933 Population

6% Since 2002

^$107,834 Median Income

42.31 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$2,995,000		Listed Price

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2306 Vanderbilt Lane, Redondo Beach, CA, 90278 is a Multi-Family Home for sale at $2,995,000 with 4,350 sqft and a lot size of 0.1722. 2306 Vanderbilt Lane has 12 bedrooms, 6.0 baths, and was built in 1960. The property's zip code is 90278 which is in Redondo Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/6/2024. 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.

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2306 Vanderbilt Lane

Multi-Family Home for sale in Redondo Beach, CA

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