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Closed
- Listed price
- $6,700,000
- Listed Sep 24, 2015
- Sold price
- $6,650,000
- Sold Nov 10, 2015
14,998 sqft lot|1972 Built|12 MLS days on market
2704 Vanderbilt Ln, Redondo Beach, CA 90278
Property Description
Beautifully-upgraded & exceptionally well-managed asset with the added cache of a Redondo Beach address. The units have been extensively rehabbed to a very high-level of 'fit and finish'. Too many improvements to mention; however, the interior capital investment has totaled approximately $300K, while the exterior has totaled approximately $90K. The tenants enjoy a secured courtyard, washers/dryers in some units, as well as secured, garage parking. The building is separately metered for electric & there is an on-site laundry room with 4 machines - in addition to machines inside each unit. These are the closest thing to condo quality apartments that exist in Redondo Beach. The Azure Apartments are the epitome of a turn-key investment. This asset is a pride of ownership addition to one' s portfolio - a perfect upleg for an exchange buyer. It will serve as a virtually passive investment for an investor looking for a high quality & well run multi-family property. The building is located in a highly accessible location unlike other, land-locked Redondo neighborhoods, near Palos Verdes. The asset is 2 minutes to the 405 Fwy attracting a tenant base working in the surrounding South Bay industries: aerospace, oil, gas, tech and of course, The Port of LA.
Listing agent: Brice HeadDRE #01330706bhead@remaxcir.com, Listing office: RE/MAX Commercial & Inv Realty
MLS data updated 10/30/2026, 5:11:03 PM PT
Source: CRMLSMLS #: SB15210846
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$6,650,000
Nov 10, 2015
Available records22015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90278 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90278 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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