1311 19TH Street Santa Monica, CA 90404

0 Bedroom,

  • Residential Income
MLS: #18393336
$2,989,000
COMMENTS
Vault Brokerage is proud to present 1311 19th Street for sale. This spacious mid-century multi-family complex is located in the heart of Santa Monica, north of Santa Monica Blvd. & south of Arizona Ave. The property currently houses 6 units, each featuring a 2 bed / 1 bath layout, at roughly 900 square feet per door, as well as 1 carport space per unit. Laundry facilities are provided on-site & operate lease-free. 5 OF 6 UNITS DELIVERED VACANT at the close of escrow. This is a RARE INVESTMENT opportunity for any investor interested in a prime Santa Monica project with tremendous upside potential.Possible options & improvements include an overall face lift for the exterior & full renovations of the vacant units. Other options are: a reconfiguration of units, converting 5 of the 6 units over to 3 bed / 2 bath layouts, relocating staircases to maximize rentable square footage, & expanding the overall square footage & size of each unit. ALL OFFERS DUE 10/15/2018 @ 5:00PM

Property Features

  • Price per Sqft: $472
  • Year Built: 1956
  • Lot Size: 7,505 SqFt
  • Parking Type: Carport Detached
  • Other Appliances: None
  • House Faces/Primary View: West
  • Dryer: 0
  • Gas: 0
  • County: Los Angeles
  • Area: C14 - Santa Monica
  • Cap Rate: 5

Location

Directions: West on Santa Monica Blvd. Right on 19th, the property will be on your right, three buildings south of Arizona Ave.

Listing courtesy of Vault Brokerage
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.

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