Santa Monica, CA 90403,1101 16th Street
Listed by Warren Berzack • Lee & Associates
Bought with Warren Berzack • Lee & Associates

$1,880,000

$1,995,000

5.8%
Est.Price: ?

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Est. payment /mo

2,278 SqFt


SOLD DATE : 04/01/2021

Key Details

Sold Price $1,880,000

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $825

MLS Listing ID CRSR21025261

Year Built 1940

Lot Size 4,987 Sqft

Property Sub-Type OTHER

Property Description

Extremely well located Santa Monica fourplex. Potential to have one of the units delivered vacant for owner-user at close of escrow. Four one bedroom one bathroom units with between 500-650 square feet. Total unit income is $8,194 per month. Additionally, two of the garages are rented out for $125 and $200, and an additional two garages will be delivered vacant at the COE and each can be rented out for approximately $225. Plus there’s a large storage room receiving $600/month in rental income. Total monthly income is $9,569. Located one block north of Wilshire Blvd. the property is extremely walkable. Well maintained and professionally managed. Soft-story retrofit needed.

Location

State CA

County Los Angeles

Interior

Laundry No Hookups

Building

Lot Description Corner Lot

Water Public

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Bay East Association of Realtors
John Fondnazio

+1(925) 817-9053

john@teamfondnazio.com

1212 Broadway Plz, Walnut Creek, CA, 94596-5129, USA

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