$1,500,000
$1,500,000
For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 10/18/2019
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19439620
Sold Date 10/18/19
HOA Y/N No
Year Built 1952
Lot Size 6,969 Sqft
Acres 0.16
Property Description
REDUCED! ** VALUE ADD OPPORTUNITY **- Excellent value for a 5 unit building located between Ocean Park Blvd. and Pearl St. in the heart of Santa Monica. Walkable to Santa Monica College. Unit mix consisting of (4) 1 bed + 1 bath, and (1) studio unit. There are 3 private 1-car garages located off the alley and 2 front driveway parking spaces. Garden style building with large common patio and walkway allow for units to receive a lot of natural light. Building has 3,032 sf of living area on a 6,768 sf lot. Over 50% upside rent potential! Subject to City of Santa Monica Rent Control. No units will be delivered vacant.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Cooling None
Fireplace No
Laundry See Remarks
Exterior
Garage Door-Single, Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Parking Type Door-Single, Driveway, Garage
Total Parking Spaces 3
Building
Story 1
Others
Tax ID 4273018011
Energy Description 950.0
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Simon Darvish • Audrey Max Group
GET MORE INFORMATION
CEO | DRE# SA695240000 | DRE# 02100184