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4/27/20
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In a recent multifamily comp from L.A.’s South Bay region, a four-unit apartment property in Redondo Beach sold for $1.9 mil, or $475k/unit. The property is located at 2523 Voorhees Ave, west of Inglewood Ave and north of Artesia Blvd.
The property is comprised of one three-bedroom/one-bath house and three two-bedroom/one-bath apartment units. It is fully renovated with ample parking that includes four garage spots.
Jonathan Weir with Marcus & Millichap represented the seller, a private investor.
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