Rare opportunity to acquire a six unit apartment building located steps to Montana Ave in the heart of Santa Monica. Located north of Wilshire Blvd on the corner of 16th St. and Idaho Ave. Unit mix consisting of (4) 2 bed+1 bath, and (2) 2 bed + 2 bath units. All units have south and west facing views! Most units have hardwood floors. New roof installed less than 8 years ago. Excellent parking with (4) 1-car garages, (1) 2-car garage, and (1) carport space. Over 100% upside rent potential. Property is subject to City of Santa Monica rent control. Inside with accepted offer. Please do not disturb tenants.
3.9% CAP Rate in Santa Monica! Sitting atop a hill just 2… More
Entertainer’s dream – Completely rebuilt and redesigned in 2011, this California Contemporary… More
ROQUE & MARK CO. represented the Buyer Sold for only $414,000/unit and… More
** IDEAL OWNER/USER OPPORTUNITY **- Beautiful 6 unit building located North of… More
6 UNIT APARTMENT BUILDING. LOCATED NORTH of WILSHIRE BLVD. Offered for $2,795,000… More
Terrific opportunity to owner-occupy or build new condos. Just 3 block to… More