107 W CHANNEL Road Santa Monica, CA 90402
111-117 Channel Road, two contiguous lots, includes (10) residential units and(1) retail space on more than 7, 000 square feet of land zoned LAC2. Property is 50 yards from the sand, with spectacular ocean views.The retail unit benefits from high visibility and all tenants enjoy easy access to the beach, bike path and numerous restaurants in walking distance. The property is currently leased for $27, 000/mo. by Soba Living of Malibu through 2019. Tenant pays all utilities including water, gas, electricity, and trash. In addition, tenant is responsible for maintenance and repairs. The units are currently being operated as short term rentals and the entire property can be delivered vacant for the new owner. This is a significant opportunity to add value in an A+ location. Although property has a Santa Monica zip code, it falls under LA rent control (Buyer to confirm).
- Price per Sqft: $1324
- Year Built: 1923
- Stories: 2
- Lot Size: 7,056 SqFt
- Parking Type: Other
- Total Floors in Building: 2
- Dryer: 1
- Cooling System: See Remarks
- County: Los Angeles
- Area: C15 - Pacific Palisades
Directions: PCH and Channel Rd
Listing courtesy of Concord Real Estate Service
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
If you have not account please register.
Forgot Your Password?
Enter your email address below to have your password sent to you.
New Visitor? Please Register
And you will be able to Save Listings so you can view them later!
Forgot Your Password?
Please enter your E-Mail and we'll send you an e-mail message with your password.
After registering you Will have unrestricted access to all properties on this website.