SoldSep 20, 2022Residential Income
$13,000,000
Listed for $12,395,000 · Sold Sep 20, 2022
Listing provided by Warren Berzack, Lee & Associates
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
Listing Snapshot
Days online75
Last updatedSep 20, 2022
Property typeResidential Income
Beds0
Full baths0
Square ft.30,488
Lot size0.69 Acres
Year built1956
MLS numberSR-22147780
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