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2215 Voorhees Ave, Redondo Beach, CA 90278

$2,100,000

Description

Lyon | Stahl is pleased to present 2215 Voorhees, a 4-unit apartment building well located in North Redondo Beach. The front unit (owner’s unit) consists of a large townhome style 3-bed/2-bath unit with a fireplace, private front year, and was recently updated. The remaining three units are all (3) 2-bed/1.5-bath townhome style units. All units have laundry hookups, private patios, and are separately metered for electricity.
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Investment Highlights:

  • Sought After 4-Unit Building in North Redondo Beach
  • All Townhome Style Units with Private Patios
  • Individual Water Heaters and Separately Metered for Electricity
  • Easy 4.5% CAP Rate with Increasing Rents to Market Price
  • 7 Garage Spaces

Property Downloads

Address

  • City: Redondo Beach
  • State/county: CA
  • Country: United States

Detail

Updated on December 14, 2018 at 4:27 pm

  • Price: $2,100,000
  • Property Size: 4,645 Sq Ft
  • Land Area: 7,484 Sq Ft
  • Garage Size: 7
  • Year Built: 1967
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 4
  • NOI: $68,300
  • GRM: 20.56
  • CAP RATE: 3.25%
  • Price per Unit: $525,000

Features

Contact info

Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin
Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin

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