Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

1111 12th Street . Wilshire Montana , CA 90403

For sale 7 units located North of Wilshire in prime Santa Monica ,CA. For more information please contact the listing agent, Aida Memary 818-212-2678

Posted: 01/23/2020 1:11 pm | On HOMEiZ: 1565 days | Updated: 4 years ago | Views: 850

Location Map

Property Type

Sold

Property Price

$2750000
$2750000
01/22/2020
0.17 Acres
$845
3254
Contact listing agent%
3.27%
$0
$89925
19.27
0.755%
$20763

Property Location & Description

For sale 7 units located North of Wilshire in prime Santa Monica ,CA. For more information please contact the listing agent, Aida Memary 818-212-2678
Rent Control
7 units bungalow style apartment is built in the 1920’s and sits on 7,523 square feet of land with 3,254 square feet of building area. The offering boasts an excellent unit mix of five 1-bed/1-bath units, one 2-bed/1-bath unit and one studio/1-bath unit.
Prime location Santa Monica. Close to all shopping.The property is located within 1 mile of the ocean. Tenants can walk or bike to the beach, Santa Monica Pier, 3rd Street Promenade, Santa Monica College, The Metro Expo Line, Silicon Beach, and World Class Dining & Entertainment. Malibu, Brentwood, West Los Angeles, Venice and Mar Vista are the neighboring cities. With a walk score of 90, the property is in an exceptional location.
7
$392857
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
0+1 (studios) 
1 
 
2.
1+1 
5 
 
3.
2+1 
1 
 
4.
 
 
 
5.
 
 
 
SMR2
100%
Wood & Stucco
1
1920
Good
Prime Wilshire-Montana Location in Santa Monica
Desirable Unit Mix of Studios, 1BRs and 2BRs
7 Bungalow Units Located North of Wilshire
Great Value-Add Potential; Rents are Well Below Market

Property Information

Sewer

Sewer System (Public)

Parking

Garage - Attached
On-street
5

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

19-445174

Listing Info

Listing ID: 2155
Sold

For Sale

$2,750,000

Listing Presented by

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