12118 Santa Monica Bl Los Angeles, CA 90025

$2,795,000
Los Angeles, CA   90025
0 Beds, 0.0 Baths, 0 sq ft, 3,845 sq ft lot, Built in 1947
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 0
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 1
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 2
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 3
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 4
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 5
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 6
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 7
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 8
12118 Santa Monica Bl, Los Angeles, CA 90025 Photo 9
0 Beds,
0.0 Baths,
0 sq ft,
3,845 sq ft lot
Built in 1947

Description

MLS# SB18204698

12118-12124 SANTA MONICA BLVD. 4 STORES. 3210 SQUARE FEET. ABOUT 40 FEET OF FRONTAGE ON BUSY SANTA MONICA BLVD IN THE HEART OF WEST LOS ANGELES. BOTH BUNDY AND SANTA MONICA BLVD ARE MAJOR STREETS. BUILDING IS 22 FEET HIGH PROVIDING AMPLE SIGN SPACE. STEEL POST AND STUCCO CONSTRUCTION. STARBUCKS ON THE CORNER, CLOSE TO IHOP, GREAT RESTAURANT AND SMART & FINAL MARKET. TENANTS ARE MONTH TO MONTH. LOW RENTS, AVERAGE ABOUT $1600.00 PER UNIT. EACH UNIT HAS BATH AND OFFICE SPACE IN REAL. SEPARATE ELECTRIC METERS FOR EACH TENANT. FRONT AND BACK ACCESS. LONG TERM TENANTS ALL WANT TO STAY. RENT NOT RAISED FOR YEARS. ONE UNIT VACANT, WE HAVE APPLICANT, BUT WILL LEAVE VACANT FOR NEW OWNER. ON BUS LINE. CLOSE TO SANTA MONICA. EASY ACCESS TO 10 AND 405 FREEWAYS. EXISTING TENANTS ARE A CARD SHOP, TAILOR, SHOE REPAIR AND PRINTER. CURRENT RENTS ARE ABOUT $22.00 PER SQUARE FOOT. NEARBY REMODELED SPACE IS OFFERED AT $3.5 PER SQUARE FOOT. NO PARKING BUT CUSTOMERS ARE IN AND OUT QUICKLY. AVERAGE INCOME IN AREA IS $130,000.00. SELLER IS DOING A 1031 EXCHANGE AND IS IN ESCROW ON THE UP LEG PROPERTY. Listed by Howard Gunderson, Marian Keith.

Description

MLS# SB18204698

12118-12124 SANTA MONICA BLVD. 4 STORES. 3210 SQUARE FEET. ABOUT 40 FEET OF FRONTAGE ON BUSY SANTA MONICA BLVD IN THE HEART OF WEST LOS ANGELES. BOTH BUNDY AND SANTA MONICA BLVD ARE MAJOR STREETS. BUILDING IS 22 FEET HIGH PROVIDING AMPLE SIGN SPACE. STEEL POST AND STUCCO CONSTRUCTION. STARBUCKS ON THE CORNER, CLOSE TO IHOP, GREAT RESTAURANT AND SMART & FINAL MARKET. TENANTS ARE MONTH TO MONTH. LOW RENTS, AVERAGE ABOUT $1600.00 PER UNIT. EACH UNIT HAS BATH AND OFFICE SPACE IN REAL. SEPARATE ELECTRIC METERS FOR EACH TENANT. FRONT AND BACK ACCESS. LONG TERM TENANTS ALL WANT TO STAY. RENT NOT RAISED FOR YEARS. ONE UNIT VACANT, WE HAVE APPLICANT, BUT WILL LEAVE VACANT FOR NEW OWNER. ON BUS LINE. CLOSE TO SANTA MONICA. EASY ACCESS TO 10 AND 405 FREEWAYS. EXISTING TENANTS ARE A CARD SHOP, TAILOR, SHOE REPAIR AND PRINTER. CURRENT RENTS ARE ABOUT $22.00 PER SQUARE FOOT. NEARBY REMODELED SPACE IS OFFERED AT $3.5 PER SQUARE FOOT. NO PARKING BUT CUSTOMERS ARE IN AND OUT QUICKLY. AVERAGE INCOME IN AREA IS $130,000.00. SELLER IS DOING A 1031 EXCHANGE AND IS IN ESCROW ON THE UP LEG PROPERTY. Listed by Howard Gunderson, Marian Keith.

  • Payment Calculator

    Down Payment:
    Loan Amount:
    Interest Rate:
    Loan Term:

    Principle & Interest Payment
  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: WLA - West Los Angeles
COUNTY: LA
Building Info
STORIES: 1
COOLING: None
HEATING: None
LAUNDRY: None
Exterior Features
FENCING: None
LOT: Level with Street, Lot-Level/Flat, Near Public Transit, No Landscaping
ROOFING: Rolled/Hot Mop
CONSTRUCTION: Steel, Stucco
Community
STORIES TOTAL: 1
Land
WATER: Public
ZONE: LAC2
Recently viewed

Nearby cities:    Vernon    Huntington Park    South Gate    West Hollywood    Cudahy    Moorpark