Beds2
Baths1
Sq.Ft.977
Year1952
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:23273659
Sq. Feet:977
On Site:11 Days
Lot Size:8,935 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Carl Lambert
Office:Lambert Investments, Inc.
PLEASE SEE ATTACHED DOCS FOR COMPLETE INFORMATION. Exceptional opportunity to own this asset. Premier Santa Monica Location on Montana Ave. 2 Bedroom/1 Bath Single Family Home plus six 1 Bedroom/1 bath units. Has completed Condo Conversion for entire building there are 7 separate APN numbers. All to be vacant, seller will lease back the house & Unit E for up to 6 mos. Converted to Condominiums in January 1995 & has the recorded white slip. Great for Investors, owner/users or as a family compound. Add Value & rent out at market rents or sell individual condos. GRM & CAP Rate are projected based on renting units @ current Market Rents & $200 for Laundry . Located in the very desirable Franklin Elementary school neighborhood. Soft Story Retrofit completed, individually metered. 6 covered garages. Close to the Brentwood Country Mart & minutes from the beach. Walk & bike everywhere. Close proximity to the Prime W Los Angeles neighborhoods of Brentwood, Venice Beach & Marina Del Rey. Buyers to submit proof of funds. DO NOT DISTURB OCCUPANTS.
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Community Information
Address:752 19th St, Santa Monica, CA 90402
Area:C14 - Santa Monica
County:Los Angeles
City:Santa Monica
Zip Code:90402
Architecture
Bedrooms:
2
Bathrooms:
1
Year Built:1952
Building Area: 977.0
Number of Buildings: 2
Total Units: 7
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $5,000 pro forma
Unit 2: 6 Units • 1 Bed • 1 Bath • Unfurnished • $21,200 pro forma
Features / Amenities
Parking Features: Covered
Parking Total: 6.0
Property Features
Lot Size:
0.21 Acres / 8,935 Sq. Ft.
Zoning:SMR2*
Directions:On Montana Avenue and 19th Street.
Tax and Financial Info
Gross Income: $316,800
Net Operating Income: $193,440
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752 19th St Santa Monica, CA 90402
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Based on information from California Regional Multiple Listing Service, Inc. as of June 3, 2023. 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.
