Prime North of Wilshire ten (10) unit apartment building for sale. Fantastic unit mix of three (3) 2 bed + 2 bath, one (1) 2 bed + 1 bath and six (6) 1 bed + 1 bath units which has been well maintained by the same family for the last 40+ years. Walking distance to trendy Montana Avenue, Palisades Park, the beach and located in Santa Monica's best school district. The building boasts large units with excellent onsite parking. This core investment has enormous upside in rents as the unit's turnover. This is your opportunity to acquire an outstanding income generating asset in the Westsides most desirable neighborhood.
MLS# | 25515577 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1964 |
Days On Site | 31 |
Listing Provided By | PAR Commercial Brokerage 310-395-2663 | Arthur Peter |
Bed(s) | 14 |
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Bath(s) | 13 |
SQ Feet | 7,954 |
Story(s) | 2 |
Units | 10 |
Building(s) | 1 |
Zoning | SMR2* |
Acreage | 0.17 |
State | CA |
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County | Los Angeles |
City | Santa Monica |
Zip Code | 90403 |
Area | C14 Santa Monica |
Listing VS Median (in 90403) | |
Price: $4,200,000 low | high Med: $695,000 SqFt: 7,954 low | high Med: 619 $ / SqFt: $528 low | high Med: $1,123 On site: 31 low | high Med: 35.000000 |