2226 Voorhees Ave - Apartments FOR SALE


Redondo Beach, CA 90278- North Redondo Beach
$2,850,000 USD
310-613-1251
2226 Voorhees Ave, Redondo Beach, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/40
null | 4.66% Cap Rate

2226 Voorhees Ave
Redondo Beach, CA 90278
North Redondo Beach


HIGHLIGHTS

  • 5 units: (1) 3-bed 2-bath, (1) 2-bed 2-bath, & (3) 2-bed 1-bath
  • In-place 4.66% Cap Rate & In-place 14.98 GRM
  • Fully remodeled units maximizing cash flow and minimizing maintenance costs
  • Conveniently located to major freeways, the beach, Schools, shopping, & dining

OVERVIEW

Presenting 2226 Voorhees Ave, Redondo Beach! A fully remodeled 5-unit property offering investors a turnkey asset in a prime South Bay location. Situated near award-winning schools, just minutes from the beach, major freeways, and an array of shopping and dining, this property combines lifestyle appeal with strong rental demand. The unit mix consists of one 3-bedroom, 2-bathroom, one 2-bedroom, 2-bathroom, and three 2-bedroom, 1-bathroom apartments, all fully remodeled with modern finishes to minimize maintenance and maximize tenant attraction. With its coastal proximity, stable rental market, and turnkey condition, 2226 Voorhees Ave is a rare opportunity to acquire a high-performing multifamily property in one of the most sought-after communities in the South Bay.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

5

PRICE/UNIT

$570,000

CAP RATE

4.66%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,907 SF

ZONING

RBR-2

APN/PARCEL ID

4155-017-003

ASK ABOUT THIS PROPERTY

Austin ZahnLyon Stahl Investment Real Estate, Inc.More Info
310-613-1251

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Austin ZahnLyon Stahl Investment Real Estate, Inc.More Info
310-613-1251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.