Active
$4,000,000
11 Units
12 Beds
19 Baths
8,398 Area(sq.ft.)
Lot: 7,500 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | studio | 1 | No | $ 1,350 | $ 2,700 | $ 3,790 |
| Unit 2 | 6 | 1 | 1 | No | $ 1,949 | $ 11,698 | $ 14,400 |
| Unit 3 | 3 | 2 | 1 | No | $ 2,700 | $ 8,100 | $ 9,750 |
| 11 | 12 | 11 | $ 22,494 | $ 99,888 | $ 123,230 |
| MLS #: | 25547121 |
| Days On Market: | 187 |
| Listing Date: | June 2, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 476 |
| Price per unit: | $ 363,636 |
| Year Built: | 1958 |
Property Details
11-Unit Apartment for sale in desirable Santa Monica neighborhood! North of Santa Monica Blvd., across the street from the Santa Monica UCLA Hospital and related medical buildngs. Strong unit mix with market rents reported by owner. Pride of Ownership showsInterested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 261,876 |
| Total Annual Expense: | $ 96,000 |
| Net Operating Income: | $ 165,876 |
| Gross Annual Income: | $ 269,976 |
| Cap Rate: | 4.15% |
| Gross Rent Multiplier: | 14.82 |
Structure
| Type of Units: | Mix |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | SMCP3* |
| Parking Garage: | Garage |
Interior
| AC/Cooling: | None |
| Equipment: | Refrigerator, Range/Oven, Other |
| Heating: | Wall |
Exterior
Detailed Map
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Income
