$1,899,000
Welcome to 2304 Voorhees in desirable North Redondo Beach, a rare opportunity to own a 4-unit income property on a quiet residential street. The property offers consistent rental income with tenants already in place, making it ideal for investors or owner-operators seeking reliable cash flow. In addition to the three 2 bedroom, 1 bath units, there is an additional bonus studio of approximately 500 sq ft not included in the reported square footage. The tenant in the front house may be moving out, providing flexibility for an owner-occupant or the chance to lease at current market rents. The remaining units are tenant-occupied, offering immediate income. Three of the units have their own private yards and the fourth unit has a large deck/patio. The property also has an established and cooperative tenant community. In addition to its current performance, the property offers long-term upside and potential redevelopment opportunities for investors. Ideally located with easy access to beaches, shopping, dining, and freeways. The quiet neighborhood setting adds to its appeal. Whether you're seeking steady income, owner-occupancy opportunity, appreciation potential and/or future development possibilities, 2304 Voorhees represents a compelling investment in one of the South Bay’s most coveted neighborhoods.
Click to interact with map
Listed by Carla Hoffman with Vista Sotheby’s International Realty (310) 546-7611
Property Type
Quadruplex
Status
Active
MLS Number
SB26051476
Year Built
1951
Lot Size
7,501 sq ft