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- MLS#19502006
- TypeIncome
- CountyLOS ANGELES
- CitySanta Monica
- AreaSanta Monica
- Zip90404
- Style
- Price$ 12,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage31874
- Lot Size1.47 Acres
Listing Provided Courtesy Of:
Laurie Lustig with Laurie J. Lustig.
Property Description
APN: 4274-021-015 & 4274-020-007. This value-add 40-unit apartment property sits on almost 1.5 acres of land and provides a buyer with an excellent opportunity to either rehab the existing units, which have significantly under market rents, or demolish the two buildings and redevelop the property for, as an example, approximately 11 small lot townhome style condominium units. Buyers should investigate the development potential.
Price History | |
---|---|
8/20/2019 | Listed $12,900,000 |
General Features
Assessments | None |
Directions | Located near 20th Street and Pico Boulevard in Santa Monica. The property has easy access to the 10 freeway via the Pico Boulevard exit. |
Listagentaor | Beverly Hills/Greater LA |
Listing Agent | Laurie Lustig - BRE#00979360 |
Listing Agent State License | 00979360 |
MLS Area | C14 - Santa Monica |
Price Per Square Foot | 404.72 |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 40 |
Zoning | SMR2* |
Interior Features
Cooling | None |
Total Stories | 3 |
Exterior Features
Building Area Total | 31874.00 |
Lot Features | Sprinklers None |
Lot Size Acres | 1.4669 |
Lot Size Area | 63898.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 63898.00 |
Lot Size Units | Square Feet |
Number of Buildings | 3 |
Parking Features | Carport, Built-In Storage, Parking Space, Uncovered |
Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool