Fantastic 4-plex for sale in Santa Monica just 11 blocks from the ocean! 🌊 Perfect for an owner user or to own & hold!
$2,175,000
Music: 
 Quick Links
 » www.ChristopheChoo.com
 » Schedule a Viewing
 » Request More Info
 » FREE Listing Updates
 » View Map
 » Satellite Photo
 » Take an Area Tour
 » Local Schools
 » Calculate Your Payment
 » Tips for Home Buyers
 » Print Flyer
 » Email This Listing
 » Feedback
 » Follow Christophe on Facebook
 » Follow Christophe on Twitter
 » Agent Login
CHRISTOPHE CHOO
Real Estate Group Beverly Hills

310.777.6342 (Direct line)
Christophe@ChristopheChoo.com


Contact Us
Visit Our Website
View Our Other Listings
Christophe's Bio

Coldwell Banker Beverly Hills North Office
301 N Canon Drive
Suite E
Beverly Hills, CA 90210

310.777.6342
Video Tour
1107 Ocean Park Boulevard, Santa Monica, CA 90405

Features:
  • 8 Bedrooms, 4 Baths
  • 4 - 2 bedroom 1 bath units
  • Annual income of $138,960
  • Recently updated & remodeled
  • All new dual pane windows
  • Terrific Santa Monica location 11 blocks from the ocean
  • MLS# 18-369022
  • View Listing Details
Additional Information
Cap Rate: 5 Annual Gross Income: $138960
Zoning: SMOP2* Annual Operating Expense: $29932
Price per Square Foot: $627.00 Annual Net Income: $109037
Number of Units: 4 Unit Rental Price Range: $1,945-$3,348
Remarks:

Incredible opportunity to own this fantastic 4-plex in the heart of Santa Monica just 12 blocks from the beach.  Centrally located near shops, hotels & restaurants, the popular Venice Beach area and the Santa Monica Pier, freeways & mass transportation. This classic 1940's 4-plex with all 2 bedroom 1 bath units has been thoughtfully remodeled in 2016 with all new dual pane window, some units with remodeled kitchens & baths & repainted inside & out, spacious kitchens, each with a laundry area, center hallway and the front unit with a large private outdoor garden with lawn and barbecue area.  Projected rents are showing increase as of September 1, 2018, great upside potential and the perfect opportunity for an owner user to live almost for free or just purchase this great property, sit back and collect the rents.

01027350
Coldwell Banker® and the Coldwell Banker Logo are registered trademarks licensed to Coldwell Banker Real Estate LLC and used by Properties Online, LLC with permission. Coldwell Banker Residential Brokerage is owned and Operated by NRT. An Equal Opportunity Company. Equal Housing Opportunity. Not all products or services are available in all states. © 2018 Properties Online Inc., Patent No. US 6,760,707. The above information including square footage is based on data received from the seller and/or from public sources. This information is deemed reliable but has not been independently verified and cannot be guaranteed. Prospective buyers are advised to verify information to their own satisfaction prior to purchase. By providing links to other sites Properties Online Inc. does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or Properties Online Inc.. Powered by ListingDomains.com.