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$3,975,000
Est. payment /mo
6,160 SqFt
UPDATED:
12/05/2024 02:08 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,160 sqft
Price per Sqft $645
MLS Listing ID 24399279
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1961
Lot Size 6,407 Sqft
Property Description
Updated 10-unit building in Santa Monica. This is a prime location close to everything. Restaurants, ocean and all the west side has to offer. The present owner kept seven units vacant in order to remodel them but is just starting to rent them. The building has just been painted, dual-pane windows have been installed, and a new roof within the last two years, The building has been repiped and had a lot of new electrical done. The building has completed the soft story retrofit work and installed new earthquake valves. Seven of the units have just been remodeled. Most of the kitchens have new cabinets, counters, sinks, and faucets. Some have new tile and all units are freshly painted. Several units have received new flooring. Most of the bathrooms have had total or partial remodels. The units will have new appliances installed as three additional units are currently being done. Seven units are vacant and can be rented at market price according to the city of Santa Monica. That process has begun. The buyer should verify and double-check that information with the City. There is covered parking for 10 cars. The building will need window coverings in the seven units.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Sewer Other
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4272023031
Special Listing Condition Standard
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Listed by Harvey Stern • Vision Realty, Inc.
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908