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1945 17Th St

Santa Monica, CA 90404
  • $2,700,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 21-779520
UPDATED: 44 min ago
$2,700,000
  • 12
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,212
    SQFT
  • $641
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Ratings & Info

Description

This is an amazing investment opportunity for someone in the market for a multi-unit building. This property was constructed in 1957 the beautiful city of Santa Monica. It is a two-story apartment building consisting of, six (6), 2-bedroom and 1-bathroom units located in highly desirable area of Santa Monica. This property is just moments away from the well-known, Santa Monica College, attractions of the Santa Monica Pier, local restaurants and businesses. This building is located in an area with high rental demands. All units are currently occupied with one unit becoming available for a new tenant by September. Please contact the listing agent for more information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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.
www.deserthouseseekers.com/homes/121119830
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1945 17Th St Santa Monica, CA 90404

  • Price: $2,700,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 44 min ago
  • MLS #: 21-779520
12
Beds
0
Baths
0
½ Baths
0.18
Acres
4,212
SQFT
$641
$/SQFT
1957
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
This is an amazing investment opportunity for someone in the market for a multi-unit building. This property was constructed in 1957 the beautiful city of Santa Monica. It is a two-story apartment building consisting of, six (6), 2-bedroom and 1-bathroom units located in highly desirable area of Santa Monica. This property is just moments away from the well-known, Santa Monica College, attractions of the Santa Monica Pier, local restaurants and businesses. This building is located in an area with high rental demands. All units are currently occupied with one unit becoming available for a new tenant by September. Please contact the listing agent for more information.
Exterior Features

Lot Size Area 7749 Other Structures None Parking Garage Assigned Total Parking 9

Interior Features

Bathroom Features Shower Over Tub Baths Total 6.00 Common Walls Attached Cooking Appliances Cooktop - GasOven-Gas Cooling Ceiling Fan Equipment Built-InsCeiling Fan Flooring LaminateCarpet Heating Natural GasWall Laundry Community Laundry Equipment Own

Property Features

Alley YN Yes Assessed Total Value 1878017 Electric Expense 540.00 Gardener Expense 990.00 Gross Income 131634 Gross Operating Income 127685 Insurance Expense 3100.00 Like Units1 1 Like Units2 1 Like Units3 2 Like Units4 2 Net Operating Income 94557.00 Number Of Buildings 1 Number Of Units 6 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Assessor Tax Total 23544.00 Tenant Pays Cable TvElectricityGasHot Water Total Annual Expense 33128 TVServices Cable Tv Type Of Units 6 (2+1) Water Public Water Expense 4450.00 Year Built Source Assessor Zoning Smr2*

Listing provided courtesy of Yar Meshkaty DRE#01060780 of Coldwell Banker Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-07T12:42:58.407. 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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