For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $6,375,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $579
MLS Listing ID 20659778
Sold Date 05/18/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1990
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Rare investment opportunity for 9 units apartment built in1990 in the heart of Santa Monica. As far as rent increase is concerned, it's not under City rent control and only new State law applies, which allows 5 % + CPI increase each year. Over the past several years, extensive renovation had been taken place throughout the building such as a new roof, new central water heater, new windows, new gate motor, and rear carport had been enclosed by a new gate and fence. Eight out of nine units had been upgraded and each unit has an inside washer/dryer, central a/c, and balcony or patio or both. The property is locating a stone's throw away from shops and restaurants. Close to beach and good FW access.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Rooms
Ensuite Laundry Inside
Interior
Interior Features Balcony, Elevator
Laundry Location Inside
Heating Central, Heat Pump
Cooling Central Air
Flooring Laminate, Tile, Vinyl
Fireplaces Type Gas, Living Room
Equipment Intercom
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Oven, Range, Refrigerator
Laundry Inside
Exterior
Garage Assigned, Covered, Gated
Pool None
Community Features Gated
View Y/N Yes
View City Lights, Mountain(s)
Roof Type Composition
Parking Type Assigned, Covered, Gated
Private Pool No
Building
Story 3
Sewer Other
Architectural Style Contemporary
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4282029014
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Financing Cash
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 SHEILA TING • RE/MAX PREMIER/SANMARINO
Get More Information
- San Francisco, CA
- Oakland, CA
- San Diego, CA
- Berkeley, CA
- Palo Alto, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Marin, CA
- Santa Clara, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Redwood City, CA
- Richmond, CA
- Atherton, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- San Leandro, CA
- Vacaville, CA
- Cupertino, CA
- Walnut Creek, CA
- Dublin, CA
- Castro Valley, CA
- Mill Valley, CA
- Tiburon, CA
- Sausalito, CA
- Napa, CA
- American Canyon , CA
- San Rafael, CA
- Mountain View, CA
- Sunnyvale, CA
- Los Gatos, CA
- Tracy, CA
- Brentwood, CA
- Oakley, CA
- Discovery Bay, CA
- Orinda, CA
- Moraga, CA
- Lafayette, CA
- Alamo, CA
- Foster City, CA