Address: |
view address Santa Monica, CA 90404 Map Location |
Bedrooms: | 14 |
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Bathrooms: | 8 | Square Feet: | 6,004 sq.ft. |
Lot Size: | 7493.0 | Year Built: | 1959 |
Property Type: | Multi Family | County: | Los Angeles |
Zoning: | SMR2* | List Date: | 2024-03-15 |
Listing Number: | 24369337 | Listed By: | Rodeo Realty - Pacific Palisades |
Days on market: | 102 |
ONLY 10 BLOCKS FROM THE BEACH!!, SOUTH OF MICHIGAN ST , WEST OF 11 TH ST , EAST OF LINCOLN BLVD, Remarks : ONE FRONT UNIT 3+2 + YARD POSSIBLY DELIVERED VACANT AT COE. LARGE, spacious units in a two story building. Hard to find, 6 well maintained units with tremendous cash flow . ONLY 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine (MAIN) street restaurants & shops. The property consists of 2 ( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have stackable washer & dryer inside PLUS A/C- wall units. The building features a community laundry room for tenant's convenience ( see additional income in attached docs) . 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully occupied, with stable tenants paying on time. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit with well below market rent provides tremendous opportunity for major future rent and gross income increase . Rent roll and estimated financial sheet is in attached MLS documents. All this and there's Space in the rear of the property for Potential ADU build out to increase the property value and cash flow even more !!
Appliances: | Refrigerator, Dishwasher, Washer, Dryer |
Interior Features: | Ceiling Fan(s) |
Cooling features: | Ceiling Fan(s) | Heating features: | Wall Furnace |
Heating: | Yes |
Pool Features: | None |
Parking features: | Detached Carport, Assigned |
Special Listing Conditions: | Standard |
Year Built: | 1959 | Levels: | Two, Multi/Split |
Lot Dimensions: | 7493.0 | Zoning: | SMR2* |
Building Area total: | 6004.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.