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$ 3,975,000
Est. payment | /mo
6 Beds
7 Baths
6,160 SqFt
$ 3,975,000
Est. payment | /mo
6 Beds
7 Baths
6,160 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,160 sqft
Price per Sqft $645
MLS Listing ID ML81979035
Bedrooms 6
Full Baths 7
Year Built 1961
Lot Size 6,408 Sqft
Property Description
UPDATED 10-UNIT BUILDING IN SANTA MONICA This property has been completely renovated with new stucco. Prime Santa Monica Location. Close to restaurants and the beach. 7 vacant units available for rental at market price. Covered parking for 10 cars. Washer and dryer on premises. New renovations including: Freshly painted building with dual-pane windows. New roof within the last two years. New plumbing and electrical work. New earthquake valves and soft story retrofit work. New cabinets, counters, sinks, and faucets in most units. Some units have new tile, and all are freshly painted. Most bathrooms have had total or partial remodels.New appliances in 7 units. Several units have been rented are other units are currently being made available for rent. Pro-forma CAP Rate over 5!
Location
State CA
County Los Angeles
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Assigned Spaces
Utilities Available Individual Electric Meters
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Water On Site
Others
Restrictions Other
Tax ID 4272-023-031
Security Features None
Special Listing Condition Not Applicable
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Listed by Paul Burrowes • David Lyng Real Estate