901 19th Street , Santa Monica, CA - 90403 is For Sale

  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
  • 24380165
$5,200,000· Income property

Description

901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not disturb the tenants. Call listing agents for a potential tour of he front unit. All other units will be shown only upon an accepted offer.

Features

MLS#: 24380165
List Price : $5,200,000
Total Units : 7
CAP rate : $2.86
Gross Operating Income : $263,580
Net Operating Income : $148,606
Sq M : 744 M2
Year Built : 1948
Days on market : 14 Days
Gross taxes : N/A
Address : 901 19th Street
City : Santa Monica
State : CA
Zip Code : 90403
Neighborhood : N/A
Stories : 2
Parking Features : None
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $5,200,000
Acres : 0.1839
Lot Dimensions : 50x160
Lot Size (Acres) : 0.1839
Heating : None
Parking Features : None
Cooling : None
Driving Directions : Major cross streets are north of Wilshire and off 19th St.
 
Courtesy of : Chase Simonton , RE/MAX One

Location

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