Bought with Warren Berzack
For more information regarding the value of a property, please contact us for a free consultation.
2501 Beverley AVE Santa Monica, CA 90405
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $12,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CNSR22147750
Sold Date 09/20/22
Year Built 1960
Lot Size 0.550 Acres
Source CRISNet
Property Description
DRIVE BY ONLY PLEASE. This attractive 28-unit apartment complex is located in a fabulous Santa Monica neighborhood, walking distance from the beach with ocean views from some units! Featuring 40%+ rental upside, the well-maintained property comprises a great unit mix of one- and two-bedrooms. It spans 28,842 square feet of rentable space, set on a 23,962 square foot lot. Built in 1960, Tiki Apartments also presents a tremendous reposition opportunity. * Superb Santa Monica Location * Excellent 40%+ Rental Upside * Coveted Neighborhood * Huge Reposition Opportunity
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces
Pool Community Facility
Building
Lot Description Grade - Sloped Down
Story Three or More Stories
Water District - Public
Others
Tax ID 4287003005
Special Listing Condition Not Applicable
Read Less
© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION