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1850 11TH ST Santa Monica, CA 90404
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Key Details
Sold Price $1,927,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 15950411
Sold Date 11/23/15
HOA Y/N No
Year Built 1964
Lot Size 7,492 Sqft
Property Description
Don't miss this amazing opportunity to own a prime income property in Sunset Park! Located in a highly desirable neighborhood, in the heart of Santa Monica - this two-story income property consists of four (4), 2 bdrm/1 bath units and two (2) 3 bdrm/2 bath units. The desirable unit mix features spacious floorplans. With an average unit size of just over 1,000 square feet per unit, each unit boasts a private patio and onsite parking! In addition to the two car garage located at the front of the building, there are six (6) other parking spaces available off the alley. Additional income provided by the onsite laundry units as well. With current rents 40% below market, this investment offers tremendous upside potential for any investor and also a great property for a longterm hold. Seconds to restaurants, great shops, the beach & the highly anticipated expo line!
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Common Area
Exterior
Parking Features Door-Multi, Garage, Uncovered
Total Parking Spaces 11
Building
Story 2
Others
Tax ID 4283024010
Special Listing Condition Standard
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Bought with Tamra (Tami) Pardee • Pardee Properties, Inc.