834 4TH Street Santa Monica, CA 90403

0 Bedroom,

  • Residential Income
MLS: #17269286
$17,950,000
COMMENTS
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.

Property Features

  • Price per Sqft: $546
  • Year Built: 1972
  • Stories: 3
  • Lot Size: 15,298 SqFt
  • Parking Type: Subterranean
  • Interior: Elevator
  • Other Appliances: Garbage Disposal, Water Heater Central, Refrigerator, Dishwasher
  • Pool Description: Above Ground
  • Total Floors in Building: 3
  • Property Condition: Building Permit
  • Dryer: 1
  • Cooling System: Central
  • Gas: 1
  • County: Los Angeles
  • Area: C14 - Santa Monica
  • Community Features: Pool, Onsite Property Management, Storage Area, Controlled Access, Gym/Ex Room
  • Association: 1

Location

Directions: North of Wislhire on West side of 4th Street, 1/2 block from Montana and 4 blocks from Ocean Avenue, Prime Santa Monica, CA

Listing courtesy of Keller Williams-Santa Monica
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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