Property Type:Residential Income (Multi-Family)
On Site:14 Days
Lot Size:7,478 Sq. Ft.
Prime Location just south of Montana Avenue & North Of Wilshire Blvd in Santa Monica CA. Opportunity to add value to a premiere location building that has been in the same family for decades. 4 - 1 Bedroom 1 Baths & 2 - 2 Bedroom 1 bath units. One of the most high demand & desirable rental areas in California & the United States. Santa Monica is known for our beautiful beaches shops restaurants & evolving employment hubs & home to the Santa Monica Pier. Located in Santa Monica Malibu School District & close to Santa Monica College Close to the neighboring communities of Prime West LA, Brentwood, Westwood, Pacific Palisades, Venice Beach, Marina Del Rey, Playa Del Rey & Playa Vista. For more information & photos please see offering memorandum. Inside with Accepted Offer, DO NOT Disturb Tenants.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:928 17th St Santa Monica, CA 90403
Area:C14 - Santa Monica
Building Area: 6318.0
Number of Buildings: 1
Total Units: 6
Unit 1: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,900 actual rent•$1,900 total rent•$1,900 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,600 pro forma
Unit 3: 1 Unit•2 Beds•1 Bath•Unfurnished•$776 actual rent•$776 total rent•$776 pro forma
Unit 4: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,309 actual rent•$2,309 total rent•$2,309 pro forma
Unit 5: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,995 actual rent•$1,995 total rent•$1,995 pro forma
Unit 6: 1 Unit•2 Beds•1 Bath•Unfurnished•$3,070 actual rent•$3,070 total rent•$3,070 pro forma
Parking Features: Garage
Parking Total: 4.0
Lot Size: 0.17 Acres / 7,478 Sq. Ft.
Directions:Between Wilshire and Montana ( just south of Montana)
Tax and Financial Info
Gross Income: $165,144
Net Operating Income: $112,075
Listing agent / office Francyne Lambert, Lambert Investments, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2022. 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. IDX provided by Sierra Interactive.