Bought with Warren Berzack
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1809 1833 7th ST Santa Monica, CA 90405
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Key Details
Sold Price $13,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR22147780
Sold Date 09/20/22
Year Built 1956
Lot Size 0.688 Acres
Source CRISNet
Property Description
This charming portfolio of properties with 50%+ upside offers four apartment complexes on the same block in prime Santa Monica, just a 15-minute walk from the beach! Totaling 40 units, the properties offer an excellent unit mix of one- and two-bedrooms. In all, the portfolio features 30,488 square feet of rentable space, set on a combined 29,991 square foot lot. Built from 1956 to 1958, this portfolio also presents a tremendous reposition opportunity. * Prime Santa Monica Location * 50%+ Upside in Rents * Excellent Unit Mix * Terrific Reposition Opportunity
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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