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$2,975,000
Est. payment /mo
14 Beds
12 Baths
9,485 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,485 sqft
Price per Sqft $313
MLS Listing ID 26987793
Bedrooms 14
HOA Y/N No
Year Built 1957
Lot Size 7,474 Sqft
Property Description
Large 11 unit building in Santa Monica offered at 12.9 GRM and cap rate of approximately 5.1%. 9,485 square ft. building. Priced at $314 per foot. Excellent unitmix of 3 two-bedroom one bathroom and 7 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached under docs. Expenses are estimated at 35% including new property tax, excluding management expense. All units have private patio or balcony.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Laundry Common Area
Exterior
Parking Features Carport, Door-Single, Garage
Garage Spaces 3.0
Carport Spaces 5
Garage Description 3.0
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4282013022
Special Listing Condition Standard
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Listed by David Putnam Berkshire Hathaway HomeServices California Properties #01036004
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