2718 Vanderbilt Lane B
Redondo Beach, CA, 90278
$949,000
MLS: P1-25900
Beds
3
Baths
2
Sq Ft
1,722
Lot
0.17 ac
Year Built
1981
MLS #
P1-25900
Days on Market
50
Listed
Feb 18, 2026
Description
Located in the heart of Redondo Beach, this 3 bedroom, 2 bathroom condo offers a fantastic coastal investment opportunity within a well-maintained 3-unit complex. The property features a charming front yard area enclosed by a classic white picket fence and shaded by a mature tree, creating inviting curb appeal. The spacious layout includes generously sized bedrooms, ample natural light, and a comfortable living environment ideal for long-term tenancy. A large driveway provides convenient access to garage parking and additional off-street parking, a rare find in this highly desirable beachside community. Situated close to local dining, shopping, award-winning schools, and just minutes from the sand, this property combines location, functionality, and steady rental potential. The unit is currently tenant occupied and will be delivered with the current tenant in place, making it an excellent opportunity for investors seeking immediate income in one of the South Bay's most sought-after neighborhoods.
Location
Redondo Beach, Los Angeles County, CA 90278
Open on Google Maps ↗Listed by: Mark MacFarlane · Vimvi California
Payment estimate
$6,892
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100
- Principal & Interest
- $5,248
- Property tax (1.25%)
- $989
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Redondo Beach home with as little as 3.5% down using an FHA loan — roughly $33,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90278 (Redondo Beach) within ±10% of this home's price and size.
Local Market Stats
See Redondo Beach, CA 90278 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.