Investment opportunity in prime Santa Monica location! 10-unit apartment building North of Wilshire Blvd. across from Christine Emerson Reed Park. Situated near Downtown and Midcity Santa Monica, surrounded by restaurants and shops, and just minutes from the beach and 10 Freeway. Strong unit mix consisting eight 2-Bedrooms and two 1-Bedrooms, all occupied. Gated garage parking. Bread and butter investment opportunity! Unique potential for development as our listing is located between two properties separately listed for sale. A once in a lifetime chance to develop on the corner of Wilshire and Lincoln!
MLS# | 25513301 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1969 |
Days On Site | 42 |
Listing Provided By | Sullivan-Dituri Co.Realtors 310-453-3341 | William Dawson |
Bed(s) | 18 |
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Bath(s) | 18 |
SQ Feet | 10,400 |
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: $4,695,000 low | high Med: $695,000 SqFt: 10,400 low | high Med: 619 $ / SqFt: $451 low | high Med: $1,123 On site: 42 low | high Med: 40.000000 |