- N/A BR
- 0 BA
- N/A SqFt.
- 7,499 Lot
- $2,850,000
- Active
- DOM: 54
Description
Fantastic Opportunity to Acquire a Well Maintained 9-Unit Apartment Building in North Redondo Beach.
Property upgrades include a new roof, interior upgrades in 5 of the 9 units (within the past 18 months - upgrades vary per unit). Features include new vinyl plank and tile flooring, tiled showers, new cabinetry, new counters, smooth ceilings, and recessed lighting. Strong rental location with 7 of the 9 tenants on month-to-month agreements. Room to raise rents in 2023. The unit mix consists of (1) 2 Bedroom 1 Bath and (8) 1 Bedroom 1 Bath. Ample uncovered parking for 9 vehicles plus two 1-car garages. Separate gas & electric meters along with five of the residents paying towards RUBS utility sharing. New on-site community laundry room with 2 washers/2 dryers (machines are owned). Ditch the car with a Walk Score of 91 “Walkers Paradise” and a bike score of 87 “Very Bikeable. Just 2.5 miles to the Pacific Ocean & the popular Hermosa and Manhattan Beaches. Close to public transportation, the 405, 110 and 91 Freeways, shopping, restaurants, coffee shops, parks, and award-winning Redondo Beach Schools.
No City of Redondo Beach Rent Control, Subject only to California AB1482. Zip Code 90278 received an overall A+ Grade per Niche.com.
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Property Details for 2400 Vanderbilt Lane
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Nancy Bush
- Listing Brokered By
- Lyon Stahl Investment Real Estate, Inc.
- Type
- Residential Income, Apartment
- Year Built
- 1955 (Assessor)
- MLS Area
- 151 - N Redondo Bch/Villas North
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 13 DOM
- Combined DOM*
- 13
- First Date Active
- July 26th, 2023
- Closing Date
- September 14th, 2023
- Sold Price
- $2,800,000
- Orig. List Price
- $2,995,000
- MLS® #
- SB23138037
- APN
- 4157007012
- Special
- Trust
Home Interior Information
- Levels/Stories
- Two
- Flooring
- See Remarks
- Heating
- Natural Gas
- Cooling
- None
- Appliances
- Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Refrigerator
- Int. Features
- Ceiling Fan(s), Granite Counters, Quartz Counters
- Fireplaces
- None
Room Information
- Laundry
- CommonArea
Exterior Information
- Lot Description
- Corner Lot, Landscaped, Near Park, Near Public Transit
- Lot Size (sq. ft.)
- 6,800
- Lot Size (acres)
- 0.16
- Roof
- Shingle, See Remarks
- Pool
- None
- Parking Spaces
- 11
- Garage Spaces
- 2
View, Style & Tour Information
- Style
- Traditional
Utilities Information
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric
- ElectricityOnProperty
- Water Source
- Public
Additional Information
- Zoning
- RBR-3
- Buyer's Brokerage Fee
- 2.500
- Co-Agent
- Michael McKinney
- Co-Agent Office
- Lyon Stahl Investment Real Estate, Inc.
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
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Neighborhood Information
- MLS Area
- 151 - N Redondo Bch/Villas North
- City/State
- Redondo Beach
- Zip Code
- 90278
- County
- Los Angeles
- # of Units
- 9
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Listing/Price History
2400 Vanderbilt Lane, Redondo Beach, (MLS® #SB23138037)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | $2,800,000 | – | |
| Pending | – | – | |
| Active Under Contract (from Active) | – | – | |
| First Day Active | $2,995,000 | – |
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Listing Summary
Quick Summary of 2400 Vanderbilt Lane: This home in Redondo Beach is priced at $2,995,000 . The Apartment residence was originally built in 1955 and was listed on July 26th, 2023 at $2,995,000, showing 13 Days on Market currently. Contact Dave Fratello today for more information or to go see 2400 Vanderbilt Lane.
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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 8:40am PDT. 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.
