Rare opportunity to purchase a true pride of ownership 7 unit trophy property located between Idaho Ave and Montana Ave in the heart of Santa Monica. New roof in June 2018! Copper plumbing. Much larger than similar buildings with 9,318 sf of living area on an 8,000 sf lot with an alley. All seven units are big 2 bedrooms + 2 baths with large kitchens with breakfast bar, dining room, large living room, and a true master bedroom with en suite bath. Each unit has a large, private covered patio or balcony that is large enough to have a big table and chairs. Average unit size is approx. 1,330 sf. Excellent parking with 7 individual spaces and 9 if used as tandem. Most units remodeled with granite counters, dishwashers, and S/S appliances. The building is in excellent overall condition. Over 35% upside rent potential. Property is subject to City of Santa Monica rent control.
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
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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