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    1711 Delaware Avenue

    Santa Monica, CA 90404
    • $2,495,000
    • STATUS: Active
    • ON SITE: 333 days
    • MLS #: PW20037127
    UPDATED: 23 min ago
    $2,495,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $594
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    Incredible location! Great investment opportunity! A 6-unit multifamily property just one block to Santa Monica College, close to the Metro Expo Line and Third Street Promenade! All are 2 bedroom, 1 bathroom units, very nicely sized. The location is fantastic, accessible, desirable, and convenient. The property is nestled comfortably on a friendly tree-lined street in a great neighborhood and the lot is surprisingly large for the location. There is a secure gated parking lot with individual spaces for tenants, a bike parking area, and laundry room. The perfect combination of great income, investment upside, and a central location close to everything!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-18T17:28:49.823. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/103383861
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    1711 Delaware Avenue Santa Monica, CA 90404

    • Price: $2,495,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: PW20037127
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,200
    SQFT
    $594
    $/SQFT
    1941
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Incredible location! Great investment opportunity! A 6-unit multifamily property just one block to Santa Monica College, close to the Metro Expo Line and Third Street Promenade! All are 2 bedroom, 1 bathroom units, very nicely sized. The location is fantastic, accessible, desirable, and convenient. The property is nestled comfortably on a friendly tree-lined street in a great neighborhood and the lot is surprisingly large for the location. There is a secure gated parking lot with individual spaces for tenants, a bike parking area, and laundry room. The perfect combination of great income, investment upside, and a central location close to everything!
    Exterior Features

    Garage Spaces 0.00 Lot Features Corner LotLandscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 5.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features CommunityIndividual Room Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 364.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 169097.00 Gross Scheduled Income 169097.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 156861.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 12236.00 Other Expense 7020.00 Professional Management Expense 0.00 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 12236.00 Trash Expense 1175.00 Water Sewer Expense 3677.00 Water Source Public Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Jeremy Howard of Embarq


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-18T17:28:49.823. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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