Bought with Warren Berzack
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1101 16th ST Santa Monica, CA 90403
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Key Details
Sold Price $1,880,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR21025261
Sold Date 04/01/21
Year Built 1940
Lot Size 4,987 Sqft
Property Sub-Type Fourplex
Source CRISNet
Property Description
Extremely well located Santa Monica fourplex. Potential to have one of the units delivered vacant for owner-user at close of escrow. Four one bedroom one bathroom units with between 500-650 square feet. Total unit income is $8,194 per month. Additionally, two of the garages are rented out for $125 and $200, and an additional two garages will be delivered vacant at the COE and each can be rented out for approximately $225. Plus there's a large storage room receiving $600/month in rental income. Total monthly income is $9,569. Located one block north of Wilshire Blvd. the property is extremely walkable. Well maintained and professionally managed. Soft-story retrofit needed.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry None
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Sewer None
Water District - Public
Others
Tax ID 4281004022
Special Listing Condition Not Applicable
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