834 4 Th St Santa Monica, CA 90403

$17,950,000
Santa Monica, CA   90403
0 Beds, 0.0 Baths, 0 sq ft, 15,298 sq ft lot, Built in 1972
0 Beds,
0.0 Baths,
0 sq ft,
15,298 sq ft lot
Built in 1972

Description

MLS# 17269286

A ++ Location! Very Rare Investment Opportunity. Only changed ownership once in about past 30 + Years. Almost a 3% CAP, less than $550 per sq ft and about $561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $15.2 million. Listed by Stephen Saltzman, Keller Williams Santa Monica.

Description

MLS# 17269286

A ++ Location! Very Rare Investment Opportunity. Only changed ownership once in about past 30 + Years. Almost a 3% CAP, less than $550 per sq ft and about $561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $15.2 million. Listed by Stephen Saltzman, Keller Williams Santa Monica.

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    Mike Misquez, MBA

    NMLS# 1662824

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

Area
AREA: C14 - Santa Monica
COUNTY: LA
Building Info
STORIES: 3
PARKING: Subterranean
COOLING: Central
POOL: Above Ground
LAUNDRY: Area
Interior Features
INTERIOR: Elevator
APPLIANCES: Garbage Disposal, Water Heater Central, Refrigerator, Dishwasher
Exterior Features
CONDITION: Building Permit
Community
AMENITIES: Pool, Onsite Property Management, Storage Area, Controlled Access, Gym/Ex Room
UNITS TOTAL: 32
STORIES TOTAL: 3
Land
ZONE: SMR3*
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