PRICE $3,875,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,160 sqft
LOT SIZE 6,408 sqft

Major changes! Updated 10-unit building in Santa Monica. This is a prime location close to everything. Restaurants, ocean and all the west side has to offer. Previously owner kept seven units vacant in order to remodel. There are now eight leased and applications submitted. The building has just been painted, dual-pane windows have been installed, and a new roof. The building has been repiped and had a lot of new electrical. The soft story retrofit work and earthquake valves are completed. Eight of the units have now been remodeled. Most of the kitchens have new cabinets, counters, sinks, faucets and appliances. Some have new tile and all units are freshly painted. Several units have received new flooring. Most of the bathrooms have had total or partial remodels. There is covered parking for 10 cars and a coin operated washer dryer fully owned. This is one of the best priced buildings in Santa Monica with a great cap rate.

DAYS ON MARKET 163 LAST UPDATED 1/8/2025
YEAR BUILT 1961 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Sep 6, '24 $4,150,000
Sep 6, '24 - Jan 8, '25 $3,975,000
Jan 8, '25 - Today $3,875,000


ADDITIONAL DETAILS
AIR None
AREA Santa Monica
GARAGE Covered
HEAT Wall Furnace
LOT 6408 sq ft
LOT DIMENSIONS 49x130
PARKING Covered
SEWER Other
STORIES 2
ZONING SMR3*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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Listed with Vision Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 1/9/25 11:56 AM PST 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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