The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms
MLS# | 24462495 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1944 |
Days On Site | 191 |
Listing Provided By | Andrew C. Lee 213-625-1629 | Kimiyasu Murayoshi |
Bed(s) | 8 |
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Bath(s) | 5 |
SQ Feet | 3,486 |
Story(s) | 1 |
Units | 5 |
Building(s) | 2 |
Zoning | SMR2* |
Acreage | 0.18 |
State | CA |
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County | Los Angeles |
City | Santa Monica |
Zip Code | 90404 |
Area | C14 Santa Monica |
Listing VS Median (in 90404) | |
Price: $2,450,000 low | high Med: $772,000 SqFt: 3,486 low | high Med: 895 $ / SqFt: $703 low | high Med: $869 On site: 191 low | high Med: 60.000000 |