Property listed by Coldwell Banker Realty, Linda Light 424-280-7400
$2,495,000
Opportunity Knocks! This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 3 out of 6 units vacant. This property features an ideal unit mix, including two spacious, two-story townhome-style 3B+2Ba units in the front building, both currently vacant, and… Read More four 2B+1Ba units in the rear building, 1 of which is vacant. This combination provides an excellent opportunity for an owner-user or an investor seeking immediate income potential. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset in Santa Monica, one of LA's most sought-after neighborhoods. Trust Sale - No request for repairs or credit will be considered. Do Not Disturb Tenants. Do Not Walk Property. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
14
Square Ft.
6,128
Lot Size
0.19 Acres
Year Built
1956
MLS Number
25625323
Additional Details
Building
Built in 1956, Living area: 6128.0, 2 buildings, Building faces South, 2 stories, Levels: Two, MultiSplit
Cooling
None
Disclosures
CoastalZone, RentControl, TrustConservatorship
Fireplaces
Bath, Kitchen, LivingRoom
Floors
Wood
Heating
WallFurnace
Income
Gross Income: $206,364, Net Operating Income: $41,959
Interior Features
CeilingFans
Laundry
CommonArea
Lot
0.1856 acres, Dimensions: 50 x 162
Parking
5 open parking spaces, 5 total parking spaces, Assigned, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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