Bought with Warren Berzack • Lee & Associates
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Key Details
Sold Price $1,880,000
Property Type Multi-Family
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $825
MLS Listing ID CRSR21025261
Sold Date 04/01/21
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1940
Lot Size 4,987 Sqft
Property Description
Extremely well located Santa Monica fourplex. Potential to have one of the units delivered vacant for owner-user at close of escrow. Four one bedroom one bathroom units with between 500-650 square feet. Total unit income is $8,194 per month. Additionally, two of the garages are rented out for $125 and $200, and an additional two garages will be delivered vacant at the COE and each can be rented out for approximately $225. Plus there’s a large storage room receiving $600/month in rental income. Total monthly income is $9,569. Located one block north of Wilshire Blvd. the property is extremely walkable. Well maintained and professionally managed. Soft-story retrofit needed.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Exterior
Parking Type Assigned
Building
Lot Description Corner Lot
Water Public
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