834 4TH Street, Santa Monica, CA 90403

$17,950,000
List Price
$17,950,000
Status
ACTIVE
MLS#
17269286
Year Built
1972
Lot Size
15,298
Days on Market
13
Property Type
Multifamily

Property Description

A ++ Location! Very Rare Investment Opportunity. Only changed ownership once in about past 30 + Years. Almost a 3% CAP, less than $550 per sq ft and about $561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $15.2 million.

Call or Text: (310) 425-3677

Additional Information

Association Amenities
Pool, Onsite Property Management, Storage Area, Controlled Access, Gym/Ex Room
Appliances
Garbage Disposal, Water Heater Central, Refrigerator, Dishwasher
Pool
Yes
Pool Description
Above Ground
Cooling
Yes
Cooling Description
Central

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Stephen Saltzman from Keller Williams-Santa Monica

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.