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    2706 Vanderbilt Ln

    Redondo Beach, CA 90278
    • $2,999,998
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 21-724152
    UPDATED: 148 min ago
    $2,999,998
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,333
      SQFT
    • $692
      $/SQFT
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    Two extremely well maintained 8 unit buildings (2703 Curtis Ave. and 2706 Vanderbilt Ln.), mere blocks from each other easy, scalable operation and management, should you buy both. But, either can be purchased, stand alone, as well. Superb maintenance and renovations meets seam- less operation and collections. Long-term, conscientious ownership with good taste, which is evident in the recent renovations: quartz surfaces in the kitchens and baths, subway tile backsplashes, shaker cabinetry, wood floors, new fixtures, new appliances, new doors, dual-pane windows, you name it. ALL units at Curtis renovated and most at Vanderbilt. An Additional Dwelling Unit (ADU) can be added to both properties. BTV. An ideal investment opportunity: Beach in the name indicates a cool, coastal location and desirable life- style; while North Redondo retains much broader rental demand accessibility to freeways and major employers, than land-locked South Redondo. North Redondo is the best of both worlds.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-11T23:42:28.607. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/116541771
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    2706 Vanderbilt Ln Redondo Beach, CA 90278

    • Price: $2,999,998
    • Status: Active
    • Updated: 148 min ago
    • MLS #: 21-724152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,333
    SQFT
    $692
    $/SQFT
    1962
    Built
    Neighborhood:
    N. Redondo Beach/Villas South
    County:
    Los Angeles
    Area:
    N. Redondo Beach/Villas South
    Property Description
    Two extremely well maintained 8 unit buildings (2703 Curtis Ave. and 2706 Vanderbilt Ln.), mere blocks from each other easy, scalable operation and management, should you buy both. But, either can be purchased, stand alone, as well. Superb maintenance and renovations meets seam- less operation and collections. Long-term, conscientious ownership with good taste, which is evident in the recent renovations: quartz surfaces in the kitchens and baths, subway tile backsplashes, shaker cabinetry, wood floors, new fixtures, new appliances, new doors, dual-pane windows, you name it. ALL units at Curtis renovated and most at Vanderbilt. An Additional Dwelling Unit (ADU) can be added to both properties. BTV. An ideal investment opportunity: Beach in the name indicates a cool, coastal location and desirable life- style; while North Redondo retains much broader rental demand accessibility to freeways and major employers, than land-locked South Redondo. North Redondo is the best of both worlds.
    Exterior Features

    Lot Size Area 7522 Other Structures None Parking Garage Garage Total Parking 8

    Interior Features

    Baths Total 8.00 Cooling None Equipment Range/Oven Heating Wall Laundry Other

    Property Features

    Gross Income 165960 Gross Operating Income 167160 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 108506.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 53675 Type Of Units Apartments Year Built Source Assessor Zoning Rbr-3

    Listing provided courtesy of Brice Head DRE#01330706 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-11T23:42:28.607. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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