This 9 unit apartment building consists of 3 buildings on one lot with a 4 plex of 1BRs, a townhouse duplex with 2BRs and 3 studios above 5 garages.
It is conveniently located in central Santa Monica on a desirable corner lot at 20th St and Arizona Ave.
Less than… Read More a 10 minute walk from markets, restaurants and public transportation along the Wilshire Blvd corridor.
Across the street from a well known bakery, boutique hotel, and a Santa Monica Medical Center, this building is dual zoned as residential and Health Care Commercial for added value.
Recent renovations completed on multiple units.
See attached offering memorandum for additional information. Read Less
Property listed by Gold Star Realty, William Schebeck 310-259-7556
Listing Snapshot
Days Online
79
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1946
MLS Number
SR26111032
Additional Details
Building
Built in 1946, 3 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
StreetLights, Sidewalks
Expenses
Operating: $80,543
Fireplaces
None
Garage
5 spaces
Income
Gross Income: $246,254, Gross ScheduledIncome: $246,254, Net Operating Income: $158,543
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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