2523 Voorhees Avenue

    Redondo Beach, CA 90278
    • $1,950,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 20550276
    UPDATED: 74 min ago
    $1,950,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    SELLER IS ALSO SELLING : "2715 Rockefeller Ln" . Seller is doing a 1031 exchange. Buyer must cooperate with coordination of both properties closing around the same time. This 4 unit property consist of 1 three bedroom house and 3 two bedroom units . Relative to other comparable properties that have traded in the last 12 months and properties on the market, this investment boast a 4.36% cap rate with actual rents and expenses which is significantly greater than its competition. Owners have taken good care of the property over the years. Detailed offering memorandum by request. Tours subject to accepted offer.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T17:32:45.147. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102883109

    2523 Voorhees Avenue Redondo Beach, CA 90278

    • Price: $1,950,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: 20550276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1954
    Built
    Neighborhood:
    151 - N Redondo Bch/Villas North
    County:
    Los Angeles
    Area:
    151 - N Redondo Bch/Villas North
    Property Description
    SELLER IS ALSO SELLING : "2715 Rockefeller Ln" . Seller is doing a 1031 exchange. Buyer must cooperate with coordination of both properties closing around the same time. This 4 unit property consist of 1 three bedroom house and 3 two bedroom units . Relative to other comparable properties that have traded in the last 12 months and properties on the market, this investment boast a 4.36% cap rate with actual rents and expenses which is significantly greater than its competition. Owners have taken good care of the property over the years. Detailed offering memorandum by request. Tours subject to accepted offer.
    Exterior Features

    Lot Size Source Appraiser Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

    Property Features

    Gross Income 113580.00 Gross Multiplier 17.16 Gross Operating Income 113580.00 Net Operating Income 85357.00 Senior Community YN No Special Listing Conditions Standard Zoning Rbr-3

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T17:32:45.147. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711