Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

6

Building size

4,957 sqft

Lot size

7,500 sqft

Year built

1961

Stories

2

Garage spaces

6

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

79

MLS #

243917717

About this property

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.

Location

2311 Vanderbilt Ln.

Redondo Beach, Los Angeles, CA, 90278